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…
Articles Posted in Disclosure/Code Compliance
New Lender Requirements by Fannie Mae and Freddie Mac Require Current Reserve Studies To Provide For Sufficient Funding.
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…
The 28-day membership comment period is not required for all proposed rule changes.
Did you Know? By Leena Danpour, Esq. The 28-day membership comment period is not required for all proposed rule changes. Yes, you heard it here. Pursuant to Civil Code section 4360, Boards of Directors must provide written notice to the membership of proposed rule changes and provide twenty-eight (28) days for…
NEW LAWS EFFECTIVE JANUARY 2023 and OTHER RECENT CHANGES IN THE LAW IMPACTING COMMUNITY/HOMEOWNERS ASSOCIATIONS
By: The Attorneys at SwedelsonGottlieb As it does just about every year, the California Legislature has made changes to the law impacting community association’s statewide. This article covers those changes effective January 1, 2023 and other recent changes in the law that are worthy of being mentioned, as they may…
SwedelsonGottlieb Publishes Its 2021 – 2022 Disclosure And Notice Checklist
It is fall, and for most California community associations, it is budget season and boards and managers are in the process of preparing budgets for the 2022 fiscal year. Along with the next fiscal year’s budget, boards and managers need to be thinking of all of the disclosures that California…
AB-38, FIRE PREVENTION, AND NEW ESCROW DISCLOSURE REQUIREMENTS
Sometimes you do not even know there is an issue until someone raises a question. Special thanks to Ryan Gesell from Cline Agency and to the managers that asked Ryan if Civil Code §§ 1102.6f and 1102.19, as added by AB-38 (2019), apply to homeowners’ associations; teaser alert: they do!…
Use of Association Mailing Lists
Does your community association have a Membership List Use Policy and Agreement for when it grants a request for the association’s member contact list? In order to limit unrestricted use of the list, it should. When a homeowner makes a demand for the association’s membership and contact list, aka its…
2017 – 2018 DISCLOSURE AND NOTICE CHECKLIST For California Community Associations
SwedelsonGottlieb annually updates and publishes its Disclosure and Notice Checklist as a resource for Managers and Board Members of California Community Associations. The updated Checklist is 14 pages (there are a lot of things that California community associations are required to give notice of or disclose) and sets out what…
Civil Code §5300: Amended/New FHA/VA Disclosures Required After July 1, 2016
By David Swedelson, Partner at SwedelsonGottlieb, Community Association Attorneys As we previously reported, (follow this link) Section 5300 of the Civil Code was amended in 2015 and becomes effective as of July 1st of 2016. The changes to section 5300 of the Civil Code requires California community associations to include…
New FHA/VA Disclosures Required in California Condo Annual Budget Reports
By Sandra L. Gottlieb, Esq., Senior Partner and Mark Petrie, Marketing Coordinator at SwedelsonGottlieb On August 12, 2015, Governor Brown signed AB 596, which adds the following two new required disclosures to the Annual Budget Report for California condominium associations (this does not include planned developments or other common interest…