Future HOA amenities in California may require a DRE Completion Bond to protect homeowners and ensure developers finish promised facilities. Learn why these bonds matter and how they safeguard your community’s investment.
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.
ADUs have the potential to increase housing affordability for homeowners and tenants, create a wider range of housing options within a community, and facilitate better use of the existing housing fabric in established neighborhoods.
In March 2024, the National Association of Realtors (NAR) entered into a proposed settlement agreement with various homeowners to resolve a nationwide litigation concerning broker commissions.
Did you know Florida is home to nearly 50,000 HOAs, making it the state with the second-highest number of HOAs in the country, behind California? A recent bill signed by Governor Ron DeSantis, effective this July, aims to offer more leniency to homeowners while providing HOAs with clearer guidelines and restrictions.
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