New law limits HOA assessment increases for new CIDs
HOA’s will soon be further restricted in how much they can increase their regular assessments.
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Tag: common interest development (CID)
New law allows homeowners freedom of speech
California homeowners’ association (HOA) documents and rules are changing — and these adjustments give homeowners more wiggle room.
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Letter to the editor: What are the rules about renting out a condominium unit in California?
Always check the CID documents before purchasing a CID unit you intend to use as a rental.
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CID owners entitled to peaceful assembly
Calif. Civil Code §4515 Added by S.B. 407 Effective date: January 1, 2018. A residential common...
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New rules for installation of solar energy systems in CIDs
Updated rules for handling the installation and upkeep of solar systems in CIDs.
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CID associations can act as agents of separate interest owners when receiving notice of mechanic’s liens
CID associations can now receive notice of mechanic’s liens on behalf of separate interest owners.
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May a sheriff’s sale be set aside when the foreclosure judgment granting the sale is later reversed?
Lee v. Rich Facts: A homeowners’ association (HOA) places an assessment lien on a property in its...
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Spring 2016 CalBRE Real Estate Bulletin: Building a stronger industry
The Spring 2016California Bureau of Real Estate (CalBRE) Real Estate Bulletin focuses on licensing standards, trust fund accounting mistakes and due diligence on common interest developments (CIDs) deals.
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The Davis-Stirling Act and California homeownership
Read the latest developments in California CID law and find out the link between Prop 13 and high HOA fees.
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FHA’s new condominium approval guidelines expand eligibility – and potential HOA mismanagement
The Federal Housing Administration’s new temporary approval guidelines for condominium projects make it easier to gain approval. However, it may also increase the FHA’s risk of defaults.
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Brokerage Reminder: All about real estate signs – purchasing, design and placement
First impressions matter When marketing a property for sale or lease, the most prevalent tool used...
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Statement of government-certified condominium status required in CID annual budget reports
Common interest developments need to include statements indicating whether they are certified by the Federal Housing Administration or the Department of Veterans Affairs in their annual budget reports.
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May a homeowners association (HOA) impose specific regulations that are only applicable to short-term rentals?
Facts: A common interest development (CID) governed by a homeowners’ association (HOA) sets rules and charges fees to absentee owners relating to short-term rentals that are not charged to resident owners and long-term renters.
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Landlords, HOAs may not prohibit personal agriculture in private outdoor spaces
Tenants and CID owners receive express permission to grow food for their own use.
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Is a property owner required to remediate water runoff caused by improvements to a neighboring property?
When water retention becomes private condemnation.
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Homeowners, associations may bring attorneys to dispute resolution meetings
Dispute resolutions must also be in writing, signed by both parties.
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Is an HOA required to accept partial payments on a delinquent assessment lien?
When is a homeowner’s association able to foreclose on an owner for delinquent assessment payments?
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Do failed expectations of economic recovery constitute extraordinary circumstances warranting a second chapter 11 bankruptcy petition?
Facts: A developer defaulted on a loan it obtained to build a condominium complex. The developer...
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Is an HOA required to record a notice of transfer fees if the transfer fee charged is equal to the costs incurred by the HOA to update its records?
Facts: A buyer purchased a home in a common interest development (CID) managed by a homeowners’...
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FHA blinks; condo loans open up
Condominium (condo) sales just got easier to finance. Effective September 13, 2012, the Federal...
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