§5551 – Inspection of Exterior Elevated Elements

For purposes of this section, the following definitions apply: “Associated waterproofing systems” include flashings, membranes, coatings, and sealants that protect the load-bearing components of exterior elevated elements from exposure to […]

How Can HOAs Use Reserve or Settlement Funds?

Boards in need of cash may want to use cash in the reserve accounts or from legal settlements, but there are important restrictions.

Reserve Fund Fallacies

Published in the ECHO Journal, May 2007 Life is kind of divided up between beliefs that are real and those that are false, mistaken, fanciful, or fallacious. It would be […]

Letters To The Editor: Stealth Reserves Uncovered

Published in the ECHO Journal, September 2007 Editor’s Note: The May 2007 issue of the ECHO Journal included an article titled “Stealth Reserves” by attorney Tyler Berding. In the article […]

Funding for Large Projects

Published in the ECHO Journal, August 2008 Once an association board has made the difficult decision to proceed with a large association project—whether it is to replace the roof, siding, […]

How Well Are Your Association Funds Insured?

Published in the ECHO Journal, September 2008 Most of us have heard that the government agency, the Federal Deposit Insurance Corporation (FDIC), insures deposits up to $100,000. What some people […]

Avoiding Reserve Planning Mistakes

Outside of major reconstruction, reserve expenses are the largest expenses an association will face. Too often, more immediate tasks are on the desk of an association manager, and the important […]

Is Tough Love in Order in 2009?

Published in the ECHO Journal, March 2009 The year 2007 was a tough year for homeowner association boards financially, 2008 was worse, and now in 2009 we are facing even […]

What Happens If A Community Association Fails?

Published in the ECHO Journal, May 2009 Does The Experience In Florida Presage The Future For California? We have written many times about the difficult future of the housing industry […]

How to Read Your Reserve Study

Common Interest Developments contains areas and facilities that are owned “in common” by the members. For the purpose of this article that common ownership may be in undivided interest, it […]