§5320 – Report Delivery

When a report is prepared pursuant to Section 5300 or 5310, the association shall deliver one of the following documents to all members, by individual delivery pursuant to Section 4040: […]

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§5310 – Annual Policy Statement

Within 30 to 90 days before the end of its fiscal year, the board shall distribute an annual policy statement that provides the members with information about association policies. The […]

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§5305 – Financial Statement Review

Unless the governing documents impose more stringent standards, a review of the financial statement of the association shall be prepared in accordance with generally accepted accounting principles by a licensee […]

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§5300 – Annual Budget Report

Notwithstanding a contrary provision in the governing documents, an association shall distribute an annual budget report 30 to 90 days before the end of its fiscal year. Unless the governing […]

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Article 7. Annual Reports (§5300-§5320)

§5300 – Annual Budget Report §5305 – Financial Statement Review §5310 – Annual Policy Statement §5320 – Report Delivery

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§5260 – Recordkeeping

To be effective, any of the following requests shall be delivered in writing to the association, pursuant to Section 4035: A request to change the member’s information in the association […]

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Article 6. Recordkeeping (§5260)

§5260 – Recordkeeping

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§5240 – Association Records – Member Rights

As applied to an association and its members, the provisions of this article are intended to supersede the provisions of Sections 8330 and 8333 of the Corporations Code to the […]

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§5235 – Association Records – Member Rights

A member may bring an action to enforce that member’s right to inspect and copy the association records. If a court finds that the association unreasonably withheld access to the […]

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§5230 – Association Records – Disclosure

The association records, and any information from them, may not be sold, used for a commercial purpose, or used for any other purpose not reasonably related to a member’s interest […]

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How One Association Did It Right

Published in the ECHO Journal, November 2008 The recent case of Harvey v. The Landing HOA (2008) 162 Cal.App.4th 809 is instructive of how one California homeowner association did it […]

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Are HOAs Allowed to Tow? Parking Enforcement Rules and Rights

All board members know, whether they’ve served for a month or a decade, the frustrations of parking restrictions. This article discusses the difference between private and public street parking as […]

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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 […]

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Audits, Reviews, and Compilations – Oh My!

Published in the ECHO Journal, January 2009 Maintaining accurate records and internal controls are necessary for an association to ensure that the financial reports precisely reflect the financial condition of […]

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The Right to a Jury Trial in Disputes with Developers

Published in the ECHO Journal, January 2009 A person’s right to have his or her dispute decided by a jury is fundamental, and our state Supreme Court has said so […]

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Pay As You Go?

Published in the ECHO Journal, January 2009 Can a Program of Periodic Maintenance Reduce the Number of Major Repair Projects in a Community Association?  There are some repairs by homeowner […]

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2008 Survey of Community Association Financial Statements

Published in the ECHO Journal, February 2009 ECHO and the firm of Levy, Erlanger & Company, CPAs (LEC) completed a financial survey of approximately 1,500 Northern California community associations in […]

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2008 Statute and Case Law Update

Published in the ECHO Journal, February 2009 Introduction Legal developments in 2008 affecting homeowner associations were predominated by case law. Numerous decisions of the California Court of Appeal, which are […]

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Times Are Tough. Get Creative!

Published in the ECHO Journal, February 2009 The economic crisis facing our country today is undoubtedly impacting everyone. Given the size of the crisis, countless individuals and companies nationwide, including […]

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Green Issues For Reserve Studies

Published in the ECHO Journal, March 2009 As board members and managing agents have discovered over the last two years, energy costs have become a runaway item that has put […]

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File A Proof Of Claim in Bankruptcies

Published in the ECHO Journal, March 2009 With the world’s economy in turmoil and a significant increase in the unemployment rate, experts are forecasting a big increase in the number […]

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The Relationship: Operating Budgets and Reserve Fund Contributions

Published in the ECHO Journal, March 2009 We could make this the shortest chapter in history by simply saying, “There isn’t one!” That’s right, there is no real relationship between […]

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