Category: News

  • Tip of the Week – HOA Director & Officer insurance

    Tip of the Week – HOA
    Director & Officer insurance

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    Your CAC Team
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    Many thanks to Jon Crain of Armstrong/Robitalle/Riegle Business and Insurance Solutions for the tip of the week below regarding D&O insurance for HOA Communities.   Below you’ll find their article with this useful tip. We hope that our homeowners will find this information helpful. WHEN IS A D&O (DIRECTORS AND OFFICERS) CLAIM A CLAIM? Many of…

  • Tip of the Week – condo Earthquake Insurance Advice

    Tip of the Week – condo
    Earthquake Insurance Advice

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    Your CAC Team
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    Below is tip we received from Jon Crain of Armstrong/Robitalle/Riegle Business and Insurance Solutions regarding unit owners and earthquake loss assessment coverage.  Being in California where earthquakes are an inevitable occurrence, we suggest that you take a moment to read their tip of the week. UNIT OWNERS AND EARTHQUAKE LOSS ASSESSMENT COVERAGE (HO-6 Policies also…

  • Are Unsigned Bylaws Okay?

    Are Unsigned Bylaws Okay?

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    Your CAC Team
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    So what are the consequences if your Bylaws are not signed? Below is an article from the Davis-Stirling.com Newsletter by ADAMS | STIRLING PLC regarding the business of Bylaws and whether it is okay to have them unsigned or not. QUESTION: The Veteran’s Administration, HUD, Fannie Mae, and Freddie Mac are now requiring that boards sign…

  • No D&O Insurance? Oh My!

    No D&O Insurance? Oh My!

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    Your CAC Team
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    “I am not on the board anymore and they dropped the insurance.What is the downside of not having it? Can they be forced to get the insurance?” Below is an article from the Davis-Stirling.com Newsletter by ADAMS | STIRLING PLC regarding the Directors and Officers Insurance. QUESTION: I used to be on the board and insisted…

  • Maintenance Defined

    Maintenance Defined

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    Your CAC Team
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    What does Exclusive Use Maintenance mean? Below is an article from the Davis-Stirling.com Newsletter by ADAMS | STIRLING PLC regarding the business of HOA Board and members in regards to Exclusive Use Mantenance. QUESTION: What does Exclusive Use Maintenance mean? ANSWER: Association documents routinely assign maintenance duties between owners and the association. Unfortunately, exclusive use common areas…

  • No Secretary & More About the Minutes

    No Secretary & More About the Minutes

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    Your CAC Team
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    So who’s going to take the minutes? Below is an article from the Davis-Stirling.com Newsletter by ADAMS | STIRLING PLC regarding the Minutes and missing Secretaries. MINUTE PREP WHEN THE SECRETARY IS ABSENT QUESTION: I am secretary for our HOA. An executive session was held at a time when I could not attend and the president…

  • The Business of the HOA Board and Emails

    The Business of the HOA Board and Emails

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    Your CAC Team
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    Does your Board use emails to make decisions? Below is an article from the Davis-Stirling.com Newsletter by Adams Kessler regarding the business of HOA Board and Emails. CONSULTANT’S EMAIL TO DIRECTORS QUESTION: As a vendor, we email our reports to the manager and copy the entire board. The manager told us to stop because it…

  • DROUGHT EMERGENCY and Artificial Turf

    DROUGHT EMERGENCY and Artificial Turf

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    Your CAC Team
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    Water drought issues are a constant in Southern California today. Below is an article from the Davis-Stirling.com Newsletter by Adams Kessler regarding Drought emergency and Artificial turf. “Readers asked if the Davis-Stirling Act or the drought emergency voids existing HOA restrictions on artificial turf. Attorney Curt Sproul of the law firm Sproul Trost, LLP provides the…

  • How Can I Save Water In My Home?

    How Can I Save Water In My Home?

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    Your CAC Team
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    The following are some water conservations tips directly from CalWater.com on how to save water in your home. Is your toilet a water hog? Replacing an old 3½- To 8-gallon-per-flush toilet WITH a new 1.28-gallon-per-flush (or less) high-efficiency model could save thousands of gallons per year. If you are thinking of replacing a toilet, rebates…

  • HO-6 Policies

    HO-6 Policies

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    Your CAC Team
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    One glaring issue we continually see when reviewing claims for property damage losses to a condominium unit is how few unit owners have homeowners insurance. Statistics have shown that as many as 50% do not have a Condo (HO-6) policy. Some say to us that they thought the Association Master policy would cover their personal…