Requires a common interest development manager or a common interest development management firm to disclose specified information before entering into a management agreement. Requires a disclosure on whether the manager […]
How do you know if your HOA manager is doing a good job? Identify problems, and learn how to get better service for your condominium or association.
Update: This bill was signed by the Governor on 9/17/14. Current law does not require that common interest managers be certified. However, for managers who wish to use the title “Certified […]
For the purposes of this article, “managing agent” does not include a full-time employee of the association.
A managing agent of a common interest development who accepts or receives funds belonging to the association shall deposit those funds that are not placed into an escrow account with […]
A prospective managing agent of a common interest development shall provide a written statement to the board as soon as practicable, but in no event more than 90 days, before […]
§5375 – Prospective Written Statement §5375.5 – Management Disclosures §5376 – Management Facilitation of Disclosures §5380 – Handling of Association Funds §5385 – Managing Agent is not Association Employee
A common interest development shall be managed by an association that may be incorporated or unincorporated. The association may be referred to as an owners’ association or a community association.
A “managing agent” is a person who, for compensation or in expectation of compensation, exercises control over the assets of a common interest development. A “managing agent” does not include […]
“Common interest development manager” means an individual who for compensation, or in expectation of compensation, provides or contracts to provide management or financial services, or represents himself or herself to […]