Reporting companies (which includes community associations) are not currently required to file their beneficial ownership information with FinCEN and will not be subject to liability if they fail to do so. From the attorneys at SwedelsonGottlieb We recently sent out an alert on the Corporate Transparency Act being blocked by…
Did you Know? The Impact of Exterior Elevated Element Inspections on the Reserve Study By Sandra L. Gottlieb, Esq. CCAL and Adrian Chiang, Esq. While many condominium associations may be familiar with the elevated exterior elements (“EEE”) inspections and any repairs that may be required, it is easy to overlook…
For Immediate Release Firm Contact: SwedelsonGottlieb, 800-372-2202 CK@sghoalaw.com Cyrus Koochek, Esq. Receives National Recognition as a CCAL Fellow Honored for The Highest Level of Service to the Practice of Community Association Law Los Angeles, California, November 21, 2024 — Cyrus Koochek, Esq., Partner, SwedelsonGottlieb, has been granted…
Did you Know? Deciphering the Election by Acclamation Process: A Sample Timeline By Adrian Chiang, Esq. As you may know, the State revised Civil Code § 5103 and created a process allowing for a Board election by acclamation. Election by acclamation allows an association to skip the final ballot process…
Did you Know? California Senate Bill 900, which was signed into law in September 2024, has brought significant changes to the California Civil Code by amending Sections 4775 and 5610(c). Under the updated Section 4775, unless otherwise specified in an association’s declaration, the association is now responsible for repairs and…
Election-Year Etiquette: Tips for Keeping Board Meetings Civil As we are living through an election year, we can expect heightened passion around political views, some of which may surface at our Community Association Board meetings. The energy and enthusiasm that come with election season can sometimes lead to heated debates…
Condominium Balcony, Stair and Walkway Inspections and Repairs: January 1, 2025 State-Mandated Deadline. Background On January 1, 2020, the State legislature added California Civil Code § 5551 to require condominium associations with certain elevated exterior elements (“EEEs”) such as decks, balconies, walkways, stairs, and related railings to be inspected by…
ADUs: Strategic Solution to California’s Housing Shortage Recent California laws enacted in 2023 and 2024, make it easier for homeowners to obtain permits for building accessory dwelling units (ADUs) on their lots. An ADU is an additional residential structure built on the same lot as a primary structure. These new…
Did You Know? By Sandra L. Gottlieb, Esq. CCAL Thinking of Putting “Boots” on Cars in Your Community? Think Again! The California Vehicle Code (CVC) permits homeowner’s associations and their parking enforcement vendors to tow improperly parked vehicles, as long as they comply with certain signage and notice requirements. Some…
Did You Know? New Lender Requirements by Fannie Mae and Freddie Mac Require Current Reserve Studies To Provide For Sufficient Funding. By Adrian Chiang, Esq. We are sharing a helpful summary published by Community Associations Institute regarding the new Fannie Mae and Freddie Mac lending requirements that took effect on…