Glossary of Terms: P

a natural person, corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership, limited liability company, association, or other entity.

(Added by Stats. 2012, Ch. 180, Sec. 2. (AB 805) Effective January 1, 2013. Operative January 1, 2014, by Sec. 3 of Ch. 180.)

CA Civ. Code § 4170

a real property development other than a community apartment project, a condominium project, or a stock cooperative , having either or both of the following features:

1. Common area that is owned either by an association or in common by the owners of the separate interests who possess appurtenant rights to the beneficial use and enjoyment of the common area.
2. Common area and an association that maintains the common area with the power to levy assessments that may become a lien upon the separate interests in accordance with Article 2 (commencing with Section 5650) of Chapter 8.

(Added by Stats. 2012, Ch. 180, Sec. 2. (AB 805) Effective January 1, 2013. Operative January 1, 2014, by Sec. 3 of Ch. 180.)

CA Civ. Code § 4175

an operating budget showing estimated revenue and expenses on an accrual basis

"Pro forma" is from the Latin meaning "according to form."

(Amended by Stats. 2017, Ch. 127, Sec. 4. (AB 690) Effective January 1, 2018.)

CA Civ. Code § 5300

CA Civ. Code § 5320