In California, HOA and Condo boards are limited in raising assessments without member approval. They can raise the regular assessments 20% a year and/or impose a special assessment of up to 5% of the budgeted gross expenses for a fiscal year without a vote. If a vote is needed, the requirement is majority of a quorum [...]
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What Happens When Too Many Complain and No One Wants to Serve on the Board? It happens. For some associations, no one wants to serve in the first place. Board service can be a thankless task. In others, some stepped up to do their time motivated by a sense of responsibility, and eventually found that [...]
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