Court Upholds HOA’s Short-Term Rental Rules
A California Homeowner Association (HOA) adopted a rule that homeowners who rented out their homes could not do so for periods of less than seven days. Moreover, the HOA imposed an annual fee of $325 on owners who rent out their homes. The purpose of the fee was to defray, at least partially, the extra costs to the HOA that were caused by renters. Can they do that? Yes, according to California’s Second Appellate District Court of Appeal (Oak Shores Community Association v. Burlison, Second Appellate District, March 24, 2015). Read the article…………..
Good question! There are two ways to answer a question regarding the appropriate use of Reserve Funds, depending on how
Special assessments and defect disclosures spark real estate lawsuits: Newbie agent caught in the crossfire
Have you ever been caught in the crossfire of litigation? When I first started in the business I had a