Did you know that homeowners who walk away from the assessment debt in a homeowners association when they vacate their homes or let them go back to the banks cost the other homeowners in the associations in California a lot of money? You can do something about it. AB 2273 is a legislative bill that [...]
Condo Law & HOA Law for Boards & Owners
Tag Archive: assessments
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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I wrote the book, The Condo Owner's Answer Book to address the unique situations that come with buying and owning a condo. It also discusses your rights and responsibilities as a condo owner and a member of a homeowner's association. Includes practicial answers to more than 125 questions about condo ownership. Available now from Amazon.com.