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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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New Law Requiring Secret Ballots, Election Rules and Regulations Goes Into Effect July 1, 2006—Are You Ready?

On July 1st, 2006, the way community associations have traditionally conducted annual meetings and/or taken votes will be history. This new law, set out in new Civil Code Section 1363.03, will affect how all homeowners associations in California will conduct most of their voting and elections, including the election of…

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To Foreclose or Not to Foreclose; That Seems To Be The Question

To foreclose or not foreclose, that seems to be the question that many association board members and managers are asking themselves these days. There is no question that the sub-prime meltdown/crisis has increased the number of delinquent homeowners. Data Quick Information Services reports that in the first three months of…

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