You pay your HOA dues every month. Then the association tells you it needs a special assessment to replace the roof. Your first question is probably: Where did all the money go?
Some paid the insurance. Some paid the utilities. Some paid for routine maintenance. But paying those bills and saving enough to replace the roof are two different jobs.
Learn how AB 2050 changes California HOA reserve funding in 2032, including the 15% rule, nine-year restriction on the reserve funding special assessment, percent-funded benchmarks and long-term reserve planning.
AB 1572 will restrict potable-water irrigation of nonfunctional turf in California HOA common areas beginning in 2029. Learn what boards should plan and budget for now.
AB 2050 could significantly change how California HOAs fund their reserves beginning in 2032. Just as important, it could make the assumptions inside a reserve study much more consequential to homeowners.
Learn how interest contributions are calculated in a reserve study, why they matter, and how accurate projections support HOA budgeting and long term planning.
Homeowners’ associations face a delicate balancing act when it comes to funding reserves, and sometimes the financial burden can feel overwhelming, especially for those on fixed incomes. A recent question from a homeowner highlights a common dilemma many HOA residents face when boards must play financial catch-up.
For California homeowner associations (HOAs), reserve studies aren’t just a good idea; they’re a legal requirement that serves as the foundation for long-term financial health and community preservation.
Homeowners’ associations face a delicate balancing act when it comes to funding reserves, and sometimes the financial burden can feel overwhelming—especially for those on fixed incomes. A recent question from a homeowner highlights a common dilemma many HOA residents face when boards must play financial catch-up.
If you’re a developer planning a new subdivision or condo project in California, you’ve likely heard about the DRE Public Report requirement. But understanding how long it takes and how much it costs can feel like a moving target. At California Builder Services, we’ve processed thousands of these reports, so here’s a straightforward guide to help you plan.
If you’re a developer, attorney, or consultant preparing a subdivision for sale in California, chances are you’ll need to prepare a Department of Real Estate (DRE) budget as part of the Final Public Report (FPR) application. This guide will walk you through what the California DRE expects in a compliant HOA budget, the common pitfalls to avoid, and how to streamline the approval process.
If you have questions, we’d love to hear from you!
