What Exactly Is A Binding Contract? – Article By David Swedelson, California Condo and HOA Attorney, Senior Partner SwedelsonGottlieb

All to often we are called in to deal with a dispute over a contract that the association entered into with a contractor or vendor. And I am often surprised to learn that the board and management really do not understand what a binding contract is (and what it is not). What needs to be … Continue reading

Contract Termination Clauses – How Important Are They? – Article by Beth Grimm, P.L.C.

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

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    Amber Property Management 27261 Las Ramblas, Suite 100 Mission Viejo, CA 92691 General email mark@amberpm.com and or tracey@amberpm.com Office (949) 429-5831 Fax (949) 429-5933