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Articles Posted in Davis-Stirling Act

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A Soon To Be State Law May Do More Harm Than Good

A Soon To Be State Law May Do More Harm Than Good Steven Shuey, PCAM, CCAM Homeowner Associations exist in common interest developments to manage the community.  This management includes providing for the maintenance of the common areas as well as administration.  In many communities, this can mean thousands of…

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As The Condo Market Sours, Buyers Turn To Courts Seeking Exit Deals

Interesting article recently appeared in the Wall Street Journal (and was also reported in the Los Angeles Daily Journal). Apparently there are “tens of thousands of empty or unfinished condominiums” in Florida. While we have not heard of this type of inventory in California, there are many condominium buildings under…

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Homeowner Legislation Poised to Hurt More Than Help—CAI/CLAC‘s Press Release

Homeowner Legislation Poised to Hurt More Than Help-CAI/CLAC’s Press Release on AB 2598 The seven million Californians who live in homeowners associations will have to pay higher monthly dues, thanks to legislation passed in the last hours of the legislative session. Assembly Bill 2598 (Steinberg) again takes up the use…

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What’s Wrong With Assembly Bill AB 2598?—EVERYTHING.

We have been asked for more information on why Steinberg’s AB2598 is bad law. AB 2598 is one of two pieces of legislation proposed following the foreclosure earlier this year on a senior citizen couple in Calaveras County. Proponents of this legislation, which would make it more difficult for associations…

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LEGISLATURE PASSES ONE FORECLOSURE BILL

They did it. The legislature passed one of the two foreclosure bills we warned you about previously. Senator Denise Ducheney’s (Democrat – San Diego) SB1682 did not move forward but Assemblyman Darrell Steinberg’s (Democrat – Sacramento) AB2598 passed the Senate although we are told that there was some confusion during…

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Clothing Optional Condo Association?

The Tampa Tribune newspaper reports (the headline reads: Condo Company Unwraps Plan For Clothing Optional Pool) that with home prices plummeting and sales stagnant, a Florida developer has come up with an interesting concept for condominiums; clothing optional! The condominium conversion has two pools. The developer, who currently owns more…

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Who Pays The Bills When Some Owners Don’t Pay Their Assessments?

The Wall Street Journal recently reported on the effect the sub-prime crisis is having on many community associations. While the crisis is not a problem in some areas of the country, in California it is a affecting many associations budgets, as many boards did not anticipate or address the potential…

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