Published in the ECHO Journal, March 2011 Editor’s Note: This article was originally commissioned by the California Association of Community Managers and is written for a community manager audience. The […]
read moreCalifornia Civil Code §5305 under the new Davis-Stirling Act, effective January 1, 2014, requires that every association whose gross income exceeds $75,000 for the fiscal year receive a Review of […]
read moreA Reserve Funding Plan should be adopted by the board following the review and analysis of the association’s most recent Reserve Study (§5550). The Reserve Funding Plan details how the […]
read moreAt least once every three years, the board should conduct a visual inspection of all accessible areas of the major components that the association is obligated to repair, replace, restore, […]
read moreThe Reserves Summary required under the new Davis-Stirling Act, effective January, 1 2014, is a disclosure to inform members about the association funds available for the replacement and or repair […]
read moreThis annual housing omnibus bill contains non-controversial provisions that clean up mistakes within the new Davis-Stirling Act, effective in January 2014.
read moreIndividual Notice or Delivery “Individual notice” includes notices of disciplinary hearings and annual disclosures. An association may now send documents to individual members by: First class mail Registered or certified […]
read moreNew penalties have been introduced for associations that do not comply with certain requirements of the new Davis-Stirling Act, such as board meeting requirements. Under the new law, an association […]
read moreA member is no longer responsible for any fees and costs incurred by his or her association as the result of a lien recorded in error, including costs associated with […]
read moreAssociations will now be permitted, without member approval, to grant exclusive use of the common area in order to: Accommodate a disability Eliminate or fix certain construction issues Install electric […]
read more© 2024 ECHO