Tag Archive: assessments

ARE ASSESSMENTS IN RELATION TO EXCLUSIVE USE SPACE IN A CONDO CONTROLLED BY LAW?

Here is a question from an owner about variable assessments that has a twist to it. “Hi, we are 3 owners in our building and we all have same amount of living square footage except that [1 Unit] has a very large terrace/exclusive use common area, and the other unit above me has Exclusive use […]

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Success on AB 2273 – The Bill that Will Require Notice To HOA of Owner After Lender Foreclosure

I wrote an earlier post seeking support for AB 2273, a bill sponsored by CLAC to assist homeowner associations in determining who the owner is of a property after a lender foreclosure sale. That is important to assist the HOAs and Condos in knowing who to bill for assessments. Well, the support paid off. Here […]

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