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Waiver of Assessments for Common Areas or Maintenance Areas
DRE Regulations allow for HOA assessments to be waived for HOA-maintained improvements that are not complete. Regulation 2792.16c, in a nutshell, allows a complete deferment
It’s All in the Name
Do you develop your project in one company/entity, and then sell homes from another entity? If so, this article is for you! When the Department
The Wisdom of Creating Multiple Street Lots
Selling homes in phases? Consider structuring your next subdivision map to include multiple road lots. Asphalt streets are definitely one of the most expensive items
Releasing DRE Bonds
Filing bonds on subdivisions are one of those requirements that you can’t often avoid, without delaying getting your project to market. Subdividers under a Final
Housing Is Looking Up
Last night, before going to bed, I saw the S&P Homebuilders Index (XHB) was up over 8% in after-hours trading. This morning, I checked and
Our Differences Are Also Our Strengths
What crazy times we’re living in! As if we all didn’t have enough going on this year already, Covid-19 has brought HOA communities throughout California
Phasing in a Market Downturn
When times are good – phasing your marketing program can be a headache. When times are slow, however, Phasing can be a lifesaver! I’ve always
The Importance of Partnerships
We recently had an interesting case that brought real life issues to the forefront of our Reserve Study services. Every single HOA board has at
Completion Bonding & the Approval Process
Any time that the common area improvements will not be completed in a development at the time of the first sale closing, a financial security
Fiduciary Obligations
According to Wikipedia, a fiduciary “is a person who holds a legal or ethical relationship of trust with one or more other parties (person or
RE 618H
In September, a revised RE 618H form was published by the DRE. This revision allows for budget assessment changes in the Public Report. With the
Solar Requirements Impact on Final Public Report
With the new solar requirements coming into effect in 2020, we have confirmed that the DRE will maintain their “hands off” approach to reviewing solar
Check Out Our Phasing Predictor
You have a new project and you’re ready to get going! You’re just not sure the best course of action to take? Many questions may
New Rent Control Bill – For Better or Worse?
If you are a landlord, by now you’ve no doubt heard of Assembly Bill 1482, the Tenant Protection Act of 2019. This Bill was designed
Non-CID Subdivisions – What’s That?
You just completed a draft of your subdivision map and are excited about the future prospects of your project. Suddenly you find out that the
