WHAT IS YOUR HOA’S RISK TEMPERATURE
By Sharon Glenn Pratt, Esq. | January 2021
Expensive problems can come out of nowhere for a common interest development. That is when difficult decisions must be made, such as how to get members to back a special assessment, how to deal with a lawsuit, or how to fix a community whose members are constantly maligning the board and one another online. There are common threats that can turn into big monetary losses or worse. A good board can address these threats before problems arise, in order to minimize the risk that such things will occur. This test is designed to allow an honest self-assessment of any homeowners association which is subject to Davis-Stirling. Keep score and take the risk temperature of the Association and see how your HOA temperature measures up.
What is your HOA’s risk temperature?
Sharon Glenn Pratt is the founder of the law firm of Pratt & Associates, APC. She has over 30 years of experience specializing in civil litigation, contract review and preparation, CC&R and Rules interpretation and enforcement, construction and architectural review, Fair Housing law, civil restraining orders, financial issues, elections and recalls, corporate governance, and Anti-SLAPP law. She also practices real property law including construction, easements, boundaries, nuisance, premises liability, and neighbor law. Sharon received her Juris Doctorate from the University of Santa Clara Law School and her B.S. in Business Finance from the University of Southern California.
