HOA and Condo law is complicated. The laws are hard to read and understand. The same goes for Governing Documents of a homeowners association, generally CC&Rs. They can be really hard to read too. That is why homeowner association boards ought to spend some time putting together rules that are short and easy to read and understand [...]
Read the full article »
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 [...]
Read the full article »