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Please keep your eye’s on the following proposed bills as they may effect how your association does business. AB 771(Butler) Common interest developments: requests for documents: fees. Introduced: 02/17/2011 Last Amend: 05/10/2011 Status: 05/11/2011-Action From SECOND READING: Read second time.To THIRD READING. Location: 05/11/2011-A THIRD READING Calendar: 05/12/11 6 ASM ASSEMBLY SECOND READING FILE Summary: … Continue reading
I still owe HOA Fees after I filed Bankruptcy and Surrendered my Home? – Article written by Michael G. Doan
Technically yes. Debtors are frequently surprised to find that they are still personally liable for HOA fees after filing for bankruptcy, even though they have moved out and for all intents and purposes made known their intent in the bankruptcy that they are surrendering their property back to the bank. Such liability is the result … Continue reading
What is the average age of a Homeowners’ Association Board Member? Take the poll and lets find out!!!
Inquiring minds want to know, what is the average age of a Board Member? Take our poll and lets find out.
In our industry few new managers receive adequate training. If a new manager is lucky, they will spend some time ‘learning the ropes’ by assisting experienced managers. If the new manager isn’t so lucky, they are thrown in to the abyss all by their lonesome. Either way, it’s sink or swim. In June I wrote … Continue reading
I am reminded today of the laxity with which many Associations treat contracts. I was reviewing one Association’s communication to owners about a half million dollar assessment for rehabilitation work (about $10,000 per unit) and came across the statement “We were able to get a favorable contract with a no-penalty termination clause.” The reason I … Continue reading
Home owner’s associations, also known as HOAs, are organizations in which members — usually residents within a planned community — agree to a set of rules designed to uphold aesthetic and, in some cases, behavioral standards, within a particular community. When a person moves into a community, he may be required to sign an agreement … Continue reading
What’s my take on election campaigns in homeowner associations and condo associations? Are there limits and restrictions? Here are some questions from an inquiring mind: “I’m writing to get your take on a situation at our HOA regarding a pending ballot to update the Governing Docs. It seems that 1363.04 specifically refers to the use … Continue reading