California HOAs: New Bills Ease Burdens
Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
California lawmakers are proposing ten bills to reform homeowners associations, with four standing out as beneficial. Assembly Bill 1892 simplifies uncontested elections, reducing the planning timeline and adding rules for electronic notices. Assembly Bill 2035 lowers the voter threshold for updating governing documents in large senior communities. Senate Bill 1267 shields HOAs from liability on electric vehicle charging stations. Assembly Bill 2050 strengthens reserve studies, allowing boards to calculate minimum savings levels and levy special assessments every three years without the usual five percent cap. These changes could ease burdens for thousands of HOA members, but six other bills may create challenges.
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