Category Archives: ASSESSMENTS SPECIAL

Emergency Assessments – What Justifies Them in an HOA??

Our board just passed an emergency assessment. They failed to state a need for this or circumstances explaining it. In fact, they sought approval of owners for some very costly repairs and did not get approval and the next thing we all knew, we were hit with an assessment anyway.  Can they do that?   [...]

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Paying for Earthquake Insurance – How Much Per Unit?

Earthquake insurance is not cheap – that’s for sure. And some associations have dropped it because of the cost. I happen to not be an advocate for dropping earthquake insurance. I do not buy into the – well if there is a big one everyone will be in the same boat – philosophy because I [...]

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