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HOA Reserve Funds: How Wise HOA Boards Avoid Surprises – 2021
We know that financial operations like reserve funds present a unique challenge to your Homeowners Association (HOA). Proper budgeting and allocation of HOA reserve funds
Assembly Bill 1401: Less Parking, More Homes
California Assemblymember Laura Friedman recently introduced Assembly Bill 1401 (AB 1401), which would remove the minimum parking requirement for new housing development projects in areas
You’ve closed the first sale… What’s next?
After the Final Public Report is issued, and the master documents are disbursed, the DRE file here at CBS is suspended, in case any issues
AB 1101: How It Protects HOA Funds
Last month, Assembly Bill 1101 (AB 1101) was proposed by California Assemblymember Jacqui Irwin (D-Thousand Oaks) to establish much-needed protections for homeowners association funds. There
Parcel Maps & Parcel Map Waivers
When we think of “Subdivision” what comes to mind is a Subdivision Map or, as some counties refer to them as “Tract Map,” creating multiple
HOA Maintenance Or $20M Lawsuit?
In February 2018, a Nevada teenager successfully sued a homeowners association for $20 million after suffering a traumatic brain injury when a swing set’s metal
What Building 1,000 Homes Means to the U.S. Economy
According to NAHB’s National Impact of Home Building model, building 1,000 average single-family homes generates 2,975 jobs and $111.0 million in taxes and fees for
Budgeting for Variable Assessments
Not all lots or units are created equally in most subdivisions. Sometimes the range of differences is based on size, or square footage. Other times
AB 1482: Examining The Tenant Protection Act Of 2019
On October 8, 2019, Governor Gavin Newsom signed Assembly Bill 1482, known as the Tenant Protection Act of 2019. This legislation enacted statewide rent control
The Californian Drought and Real Estate Issues
Water crises in California are getting worse. The wet winter of 2016 did bring some hope for the Californians but their joy was only momentary
Structuring phased common area
We often work with our clients to create a successful phasing program, being careful to annex common areas at the right time, allowing us to
Phasing in a Market Downturn
There are two different ways subdivision developments can be phased. The first type of phasing is the mapping and on-site development. We refer to this
Partnerships
During the life of a development, the subdivider and/or homebuilder will engage in many partnerships with consultants and subcontractors along the way to get the
Non-CID Subdivisions ~ What’s that?
Developers who traditionally build single family homes within incorporated cities are often disappointed when they find the perfect land to build on… outside the city
DRE vs BRE? The Right Abbreviation For California’s Department Of Real Estate
When the California Department of Real Estate (DRE) became the California Bureau of Real Estate (BRE) in 2013, it was a whopper of a change