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NVF:TLC:KML <br />06/7/2024 <br /> <br /> <br /> <br />T-3014.035\2107109_5 34 <br />Council Agenda: 6-11-2024 <br />Item Number: 10.1(a) <br />condominium units shall not be deemed to reduce or eliminate any of the building <br />and zoning requirements applicable to any such buildings or structures. <br /> <br />C. The condominium shall be created pursuant to the Davis-Stirling Common Interest <br />Development Act (Part 5 (commencing with Section 4000) of Division 4 of the Civil <br />Code). <br /> <br />D. The condominium shall be created in conformance with all applicable objective <br />requirements of the Subdivision Map Act (Division 2 (commencing with Section <br />66410)) and all other objective requirements of this Part. <br /> <br />1 Neither a subdivision map nor a condominium plan shall be recorded with <br />the county recorder without each lienholder’s consent. The following shall <br />apply to the consent of a lienholder: <br /> <br />a. A lienholder may refuse to give consent. <br /> <br />b. A lienholder may consent provided that any terms and conditions <br />required by the lienholder are satisfied. <br /> <br />2. Prior to recordation of the initial or any subsequent modifications to the <br />condominium plan, written evidence of the lienholder’s consent shall be <br />provided to the county recorder along with a signed statement from each <br />lienholder that states as follows: <br /> <br />“(Name of lienholder) hereby consents to the recording of this condominium <br />plan in their sole and absolute discretion and the borrower has or will satisfy <br />any additional terms and conditions the lienholder may have.” <br />