Great news for HOAs collecting delinquent assessments! After over a year of confusion created by Senate Bill 908, which seemed to require that HOAs be licensed to collect assessments, California's Department of Financial Protection and Innovation (DFPI) decided that . . . READ MORE
HOW TO PROCEED WHEN TAKING FUNDS FROM HOA RESERVE ACCOUNTS
If funds are taken from the reserve account for a new roof, does the reserve fund need to be replenished? If so, what is the timeline? One year? Two years? . . . LEARN MORE
FAILING BALCONIES: HOA Options
The board at one of my communities knows they need balcony work done; however, one of the members is concerned that SB 326 is dictating that once the inspection report is submitted to the city they will need to address failing components immediately, producing a . . . LEARN MORE
INCREASE YOUR HOA BUDGET for Insurance
Last year the insurance market suffered catastrophic losses of $210 billion from worldwide natural disasters. The top five costliest ones were in the United States. Last year was also the most expensive year on record for . . . LEARN MORE
Are we allowed to put a SOLAR COVER on a community pool?
A former board member said we are not allowed to put a solar cover on our community pool. Is this true? . . . LEARN MORE
Deferred Maintenance and NO RESERVES
What happened to the Champlain Towers Florida disaster is relevant to California associations. The towers were built in 1981. (Condo construction in California started in the . . . LEARN MORE
