This article provides a description of the association’s collection rights and duties, outlined in the new Davis-Stirling Act, effective January 1st, 2014. As part of the Annual Policy Statement, every […]
read moreThis article describes the Notice of Architectural Guidelines and Procedures as it is defined in the new Davis-Stirling Act, effective January 1st, 2014. An association must annually provide its members […]
read moreUnder the new Davis-Stirling Act, effective January 1st, 2014, any association that has a policy regarding monetary penalties is required to adopt and distribute to each member a schedule of […]
read moreAnnual Policy Statement Overview The Annual Policy Statement is one of two main collections of disclosures required under the New Davis-Stirling Act. The second main collection of disclosures is contained […]
read moreCalifornia Civil Code §5305 under the new Davis-Stirling Act, effective January 1, 2014, requires that every association whose gross income exceeds $75,000 for the fiscal year receive a Review of […]
read moreThe Insurance Coverage Summary is a disclosure detailing the association’s property, general liability, earthquake, flood, and fidelity insurance policies. The Summary must be submitted with the Annual Budget Report and […]
read moreA Reserve Funding Plan should be adopted by the board following the review and analysis of the association’s most recent Reserve Study (§5550). The Reserve Funding Plan details how the […]
read moreAt least once every three years, the board should conduct a visual inspection of all accessible areas of the major components that the association is obligated to repair, replace, restore, […]
read moreThe Reserves Summary required under the new Davis-Stirling Act, effective January, 1 2014, is a disclosure to inform members about the association funds available for the replacement and or repair […]
read moreDisclaimer: The rules and procedures described below are taken from the New Davis-Stirling Act, effective January 1st, 2014. The new law meets the requirements established under the current laws. To […]
read moreDisclaimer: The rules and procedures described below are taken from the New Davis-Stirling Act, effective January 1st, 2014. To revisit the current requirements, review all sections (and subsections) of Civil […]
read moreBefore hiring a construction manner, your HOA should ask the right questions to make sure he or she is best for the job. Invite each candidate individuall to a board […]
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