Streamlining Success in a Limited Timeframe

A national builder bought finished lots in a Golf & Country Club Residential community located in Northern California faced a pressing challenge when they urgently needed a Final Public Report to make an upcoming closing. However, the existing Homeowners Association (HOA) had hired a Reserve Specialist to complete the annual reserve study which had been delayed. This delay was preventing the completion of the Final Public Report. To meet the closing deadline and ensure a smooth transaction, they came to us needing a full Reserve Study immediately. Despite the limited time available, we managed to complete the study within 72 hours!

As a result, we promptly provided the necessary information to the DRE, enabling the builder to obtain their Final Report for their upcoming closings and stay on track with their schedule.

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How to Create an HOA Budget That Passes California DRE Review

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.

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