Should Your HOA Board File an Annual Report with the State? (CA)

Most HOA boards know that there are annual disclosures that have to be completed and sent out to the membership each year. But did you know that nearly all states also require that a homeowners association organized as non-profit corporations has the responsibility to file an annual report with the Secretary of State? Failure to do so could result in the Association losing its “Good Standing” status.    Read the article…………….


Related Articles

How mandatory accounting methods impact South Florida condo developers

The South Florida condo market has experienced a boom in recent years, due in large part by the influx of

Associations, inform insurer of accidents — even if you think you’re in the clear

Q:  My association has a comprehensive insurance program with property, liability, fidelity, umbrella, directors and officers, and workers’ comp coverage.

East Bay Panel Update – Director Liability

Two weeks ago, I met with a great group of ECHO members at our East Bay Resource Panel. We were