This By-Laws document contains the following information: the name and location of the corporation, the shareholders, and the duties of the officers.
Hoa Bylaws Template With Calculator In Sacramento
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State:
Multi-State
County:
Sacramento
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US-00444
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» A copy of the HOA's budget reports, financial statements, reserve studies and insurance documents most-recently distributed. » A statement in writing as to the amount of the HOA's regular fees and special assessments, as well as information on any unpaid fees, late charges, fines, penalties, etc.
New California laws taking effect July 1, 2024 ban hidden fees, limit deposits to one month's rent and double the fines for illegal fireworks.
This can range from balance sheets, income and expense statements, and executed contracts, to agendas and minutes of meetings of the board and membership. You have the right to inspect these records. A formal request in writing can be made to the HOA to inspect or copy any of the specified association records.
In 2024, the California legislature passed an amendment that allowed online elections to be held within HOAs. It recognized that this could open the door to digital vote manipulation within the HOA's management, though, so the state mandated that each HOA election needed to have an independent inspector of elections.
Special board meetings require only four days of mailed advance notice to board and HOA members. Civil Code §4920 Board members may be given 48 hours' notice delivered personally or by telephone, including a voice messaging system or by electronic transmission.
What are unenforceable HOA rules? Keep you out of court. Hush up litigation. Discriminate indiscriminately. Enter your home without cause or notice. String you out on the (clothes)line. Fine you for fun. Change rules on the fly. Demand you take down your dish.
AB1033 is a California state law passed in October 2023 that aims to promote affordable homeownership by allowing ADUs to undergo inium conversion.
For instance, in California, the Civil Code Section 1367.4 dictates that an HOA may only foreclose on a property if the delinquent assessments reach over $1,800.