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AB 1572 Is Coming: What California HOAs Should Be Budgeting for Now
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 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.
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.
If you have questions, we’d love to hear from you!