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Case Summary |
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4497 REVIEW DENIED The duty to refrain from making profit on fees charged to members for transfers of property imposed by the Davis-Stirling Common Interest Development Act on a Homeowners’ Association does not apply to a management company lawfully hired by the Association to facilitate such transfers; the management company is not a fiduciary of Association members.CitationBERRYMAN v MERIT PROPERTY MGT (Management Company) 152 CA4 1544 [See: CivC 1350 etseq; Brown v Professional 127 CA4 532] |
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