California legislature recently passed a bill regarding leasing restriction in common interest development. SB150 will go in effect January 1st, 2012. While it’s not clear what ‘prohibition’ really means one thing is for certain – it will affect association’s ability to impose caps on number of units that can be rented at any given time. [...] Read more »
Insurance: what’s covered
One of the questions I get often from clients is about insurance. Most people believe that since they are moving into an HOA community which already has insurance they don’t need to buy their own. In order to understand that better we need to break HOA into at least two categories – Single Family Houses controlled by [...] Read more »