The Unintended Consequences of Capping Association Management Fees: Be Careful What You Wish (Legislate) For
There is a push and laws being proposed and passed to limit the fees association management companies, or the boards can charge their owners. Recently, the legislature included a limit of $100 per fine for a rules violation in a community. Previously, the governing...
Trends in Association Management
I have a unique perspective in this industry because I am an active real estate agent. a managing broker and also deeply involved with both the Pacific West Association of Realtors (PWR) and the California Association of Realtors (CAR); we manage over 1,000...
Government Creep into Association Management
Elected officials are not done meddling with the association management industry. Given the number of special and emergency assessments and many boards neglecting their fiduciary responsibilities, the legislature is getting demands to intercede and regulate the...
Assessing Different Assessments
Regular versus Special versus Emergency AssessmentsThere has a big uptick in assessments for associations due to higher insurance premiums, repairs required due to balcony inspections and just unexpected and unfunded projects. Preferably, a board has socked away...
