Public Report Expedited Amendment Application {RE 635A}

RE 635A, PUBLIC REPORT EXPEDITED AMENDMENT/RENEWAL APPLICATION, RE 635 must be used if any of the following applies: • Applicant is a person/entity other than the person/entity to whom the original (or a previously amended) public report was issued. (See note to the right regarding “Change of Ownership” exception.) • A material change in homeowners’ association budget or financial condition or involving a budget review. • Budget was last accepted more than 24 months ago. • A proposed amendment to the governing instruments for common interest subdivisions for which the consent of the Real Estate Commissioner to permit a vote of owners is required under Section 11018.7 of the Business and Professions Code. • Renewal applications for final public reports and applications pertinent to any public report originally issued prior to May 5, 1962. • A subdivision offering that is, or is to be, registered with the HUD Office of Consumer and Regulatory Affairs (HUD-OCRA) Interstate Land Sales RESPA Division. • Raw land subdivision amendments. • Offering that involves use of real property sales contracts, all inclusive deeds of trust, balloon payments, subsidized interest and loan payments, “creative financing” plans, equity sharing plans, "affordable housing" financing, or other similar financing provisions. • Changes in phasing of a common interest development. • Adding or revising security to be posted for guaranteeing lien free completion of homeowner association common area. • Material modification or the addition of a maintenance or subsidy program with the homeowners association. • Applications to add vacant lots/units to be sold under an agreement obligating buyer to enter into construction with seller or seller controlled entity. • Applications for Amendment/Renewal of a Conditional Public Report, if adding conditions under B&P Code Section 11018.12. • Changes of ownership/vesting as a result of bankruptcy or foreclosure. www.FormsWorkflow.com