Where in the Prelim do I check to saveCondo vs. PUD

Question: How do you determine whether a property is a condo (i.e. has condo ownership) or is in a Planned Unit Development (aka PUD ownership)?
Answer: Check the Preliminary Title Report.   The Prelim Page#1 Item#1 To help determine whether the property is a h Condo or pud from prelim page1.

If Item #1 says "A Condo", then it's a condo.
If Item #1 says "A Fee", then most likely the property is in a PUD.

Check out Page4 of the preliminary title report:
If you see HOA and dues, then the property is part of a PUD because the owners pay a maintenance fee.

Divided interest in your unit plus undivided interest in the common areas.

Condos have undivided interest in the entire complex.

Different lenders charge different fees for different types of ownership.

New California Real Estate Laws Coming 2012: Water-Converving, Mining, No Fee Bundling for HOA Disclosures

Three New California Real Estate Laws Coming in 2012 are:
1. Senate Bill 837: Sellers Disclose Water-Conserving Plumbing Fixtures
2. Senate Bill 110: NHD Companies Disclose Mining Operations
3. Assembly Bill 771: No Fee Bundling for HOA Disclosures

In more detail:
1. Senate Bill 837: Sellers Disclose Water-Conserving Plumbing Fixtures
Effective January 1, 2012, the Transfer Disclosure Statement (TDS) will include a check-box in Section A for the seller to disclose whether the property has water-conserving plumbing fixtures (e.g. low-flow toilets, shower heads, and faucets under section 1101.3 of the California Civil Code.

2. Senate Bill 110: NHD Companies Disclose Mining Operations
Starting January 1, 2012, any natural hazard disclosure (NHD) must disclose whether the property is located within one mile of a mining operation, according to the map coordinate data from the Office of Mine Reclamation.

3. Assembly Bill 771: No Fee Bundling for HOA Disclosures
The HOA cannot bundle the fee for providing required HOA disclosures with any other fees, fines, or assessments. This law will prevent an HOA's third-party document preparation company from bundling together both mandatory and non-mandatory HOA documents and charging a higher fee for providing ALL the documents.

Also, the HOA is prohibited from charging any additional fees for electronic delivery. These must be available to a requesting party if the HOA maintains the documents electronically.

Additionally, at buyer's request, the HOA must provide 12 months of approved minutes of the association board of directors meeting.

Delivery of the required HOA documents must be accompanied by a cover sheet itemizing the documents.