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The Disclosure Trap

Published in the ECHO Journal, December 2008 The mood of the members is somber as the board meeting gets started. Four months ago the board finally decided to investigate complaints […]

The Disclosure Trap—Part 2

Published in the ECHO Journal, July 2010 ——————————————————————— The Cast: Sally, The Association’s Manager Jones, Recent Buyer Brown, Attorney For Jones Steve, The Association’s Regular Counsel Nancy, The Association’s Litigation […]

HOA Transfer Fee Laws for Selling or Transferring Property

When a homeowners association decides to sell or transfer property, HOA transfer fee laws are in place to ensure full disclosure of documents between the real estate company and the […]

The New Davis-Stirling: Annual Reports and Disclosures

Civil Code sections §5300 and §5310 require an Annual Budget Report and Annual Policy Statement, respectively, to be delivered to all association members on an annual basis, replacing the existing budget […]

§6100 – Resolution Notice to Members

As soon as is reasonably practicable after the association and the builder have entered into a settlement agreement or the matter has otherwise been resolved regarding alleged defects in the […]

§5965 – ADR Summary Included in Annual Policy Statement

An association shall annually provide its members a summary of the provisions of this article that specifically references this article. The summary shall include the following language: “Failure of a member […]

§5920 – IDR Procedure Included in Annual Policy Statement

The annual policy statement prepared pursuant to Section 5310 shall include a description of the internal dispute resolution process provided pursuant to this article.

§5810 – Notice of Policy Changes

The association shall, as soon as reasonably practicable, provide individual notice pursuant to Section 4040 to all members if any of the policies described in the annual budget report pursuant […]

§5570 – Reserve Disclosure Form

(a) The disclosures required by this article with regard to an association or a property shall be summarized on the following form: Assessment and Reserve Funding Disclosure Summary For the […]

§5375 – Prospective Written Statement

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 […]

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