*New Case Law Collecting delinquent assessments remains one of the more challenging and frustrating aspects of a homeowners association’s (“HOA’s”) operations. Once a delinquent file is forwarded to a HOA’s collection company or law firm, industry practice has been to reject any partial payments made by the delinquent homeowner (i.e.,…
Articles Posted in Assessments
Are You Prepared for the New Annual Disclosures?
For many associations with a December year end, September marks the first opportunity for the board of directors to review the first draft of the budget and disclosures materials. As of January 1, 2014, changes to the Davis-Stirling Act now require that budget documents and disclosures be distributed in the…
Community Website for our Homeowners Association?
*Asked & Answered Asked – Is it common for an association to create a website and share certain information via this website with owners/residents of the community? If yes, what are the regulations? Answered – Yes. A community website can be a valuable and effective communication tool by allowing residents…
Do ‘No-Cost’ HOA Collection Companies ‘Wield Unchecked Power’?
In October of 2012, we blogged about a United States Bankruptcy Court case that addressed the proper interpretation and effect of Civil Code Section 5650 allowing for a HOA to recover delinquent assessments, along with “reasonable costs incurred in collecting the delinquent assessment, including reasonable attorney’s fees.” In sum, the…
‘Foreclosure Face-Off’ Article Published in ‘OC View’ Magazine
Be sure to check out Steve Tinnelly’s latest article he authored for the “OC View,” an educational bi-monthly magazine published by the Orange County Regional Chapter of the Community Associations Institute (CAI). The article, entitled “Foreclosure Face-Off,” compares and contrasts the two foreclosure processes available to California HOAs in their…
HOA Legislative & Case Law Update (2014) Now Available!
Our “Annual Legislative & Case Law Update” newsletter for the year 2014 is now available in our library! The Legislative & Case Law Update provides an overview of the new legislation and case law impacting California Homeowners Associations (“HOAs”) as we head into 2014. The new legislation includes, among other…
Redemption Rights after HOA Nonjudicial Foreclosure
*New Case Law Earlier this year, we blogged about an appellate court case that underscored the necessity for a homeowners association (“HOA”) to strictly comply with the statutory procedures and requirements applicable to assessment collection. That case focused on various requirements pertaining to the transmittal of notices (i.e., assessment lien…
HOA Collection Procedures: Strict Compliance Required
*New Case Law The California Civil Code requires community associations (“HOAs”) to levy regular and special assessments as necessary to perform the HOA’s obligations under its governing documents. However, when a homeowner fails to pay those assessments, HOAs are often left with no alternative other than to pursue the owner…
Association Reserve Accounts and Reserve Studies
*New Library Article “Always be prepared.” That simple phrase sums up the importance of funding and properly maintaining a reserve account. Accidents and surprise maintenance issues will inevitably pop up. When they do, the HOA that has been properly funding and managing its reserve account will be prepared to do…
Consequences for failing to distribute HOA annual budget?
*Asked & Answered Asked: Are there any negative consequences or liability that can result from our Board’s failure to distribute the HOA’s annual budget? Answered: Yes. California Civil Code Section 1365 requires a homeowners association (“HOA”) board of directors to prepare and distribute an annual pro forma operating budget to…