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If Over Ten, Time to Amend: When to Update Governing Documents
The Board of Directors for homeowner associations (“HOAs”) often ask when they should update their governing documents. There are many factors to consider in answering that question, but the general rule of thumb is that HOAs should update their governing documents at least once every ten years for the reasons discussed below.
Property Management Companies Charge
Before you buy into an HOA, request and carefully read documents such as the association’s budget and its Covenants, Conditions & Restrictions (CC&R), which set out the rules for property owners and members—and when you do, consider whether they are asking too much of you. Here are seven red flags to watch for.
AB 1458 Stop, Adjourn, Then Proceed: New Reduced Quorum Requirements Help Make Every Vote Count
Recent legislation has provided various tools to remedy the difficulties that many associations face due to the lack of member participation in director elections.
Christmas Party & Toy Drive
Oaktree Properties is hosting a Christmas Party and Toy Drive to benefit Toys For Tots on December 21st.
2023 Legislative and Case Law Update for California Community Associations
With the 2023 Legislative year having concluded, we are providing you with our legislative update describing the new laws effective January 1, 2024.
Return of the Reply-All: Court Decides the Open Meeting Act Does Not Prohibit Board E-mail Discussions Without Action
The California Fourth District Court of Appeal, in LNSU #1, LLC, et al. v. Alta Del Mar Coastal Collection Community Association, 2023 WL 5496747 (August 25, 2023), recently examined whether board members can engage in e-mail discussions about association business outside of regular noticed meetings.
Look for These Red Flags in Any HOA Contract
Before you buy into an HOA, request and carefully read documents such as the association’s budget and its Covenants, Conditions & Restrictions (CC&R), which set out the rules for property owners and members—and when you do, consider whether they are asking too much of you. Here are seven red flags to watch for.
Understanding The Differences Between HOA, COA, And POA Homeowners Communities
Better understand the differences between a Homeowners Association (HOA), Condominium Owners Association (COA), and Property Owners Association (POA). Each plays a key role in maintaining quality of life and property values of a community. Yet, all differ in organization, operation, purpose, and how they benefit neighborhoods.
Sustainable Practices in HOA Properties: Balancing Environment and Budget
Homeowners’ Associations (HOAs) play a crucial role in managing and maintaining residential communities. In recent years, there has been a growing emphasis on sustainable practices within the property management industry.