QUESTION: The balcony inspection bill, AB 326, is causing a stir. The board claims it makes the HOA responsible to repair balconies. I say it only requires an HOA to enforce repairs by the tenants if required and designated in the governing documents. If I’m wrong, I’m afraid assessments will go sky-high in our 506-unit complex. –Tim R
RESPONSE: You should expect your assessments to go up. The common area structural elements of balconies are the responsibility of the association to repair and replace. That’s why it’s important for boards to initiate inspections now so they can find out what, if anything, needs repair, how much it will cost, and the timing of repairs. This will allow boards to properly budget for and schedule needed work. For more information, see Elevated Structure Inspections.
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DISCLAIMER. The Davis-Stirling.com Newsletter by ADAMS | STIRLING PLC provides commentary only, not legal advice. For legal advice, you’ll need to hire legal counsel. You can hire ADAMS | STIRLING PLC; Keep in mind they are considered corporate counsel to associations only.