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 [...]
Condo Law & HOA Law for Boards & Owners
Tag Archive: condo law
Does an HOA or Condo Board Have to Inform Owners About Association Meetings?
Does an HOA or Condo Board Have to Inform Owners About Association Meetings? In California, the answer is YES!!! With one exception. A reader sent in this scenario with the question: “I found your website awhile ago after I bought a condo and now am part of a HOA. My questions pertains to the rules [...]
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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.