Channels of Communication, 2nd Quarter 2018

In this Issue… The Budget… Where to Begin The Budget & The Board’s Fiduciary Duty Kit Budgeting for Success: Best Practices for Handling Assessment Delinquencies Ask The Expert Chapter Highlights & More DOWNLOAD THIS ISSUE Channels of Communication is a quarterly publication of the Channel Islands Chapter of Community Associations

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SB 721 SUCCESS!

CAI-CLAC scored a major victory on SB 721. Senator Hill agreed to amend his bill in the Assembly Business and Professions Committee to delete Section 2 of the bill, which pertains to Common Interest Developments. With that amendment, the bill passed on a unanimous vote. Our success was made possible

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Home Sweet HOA

For the seventh time in 13 years, Americans living in homeowners associations and condominiums say they’re overwhelmingly satisfied in their communities: 85% of residents rate their overall community association experience as positive (63%) or neutral (22%). 84% say members of their elected governing board “absolutely” or “for the most part”

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Update on Hot Bills That Impact Our Industry

Two CAI-CLAC-supported bills pass houses of origin while two anti-association legislative proposals go down in flames! CAI-CLAC is pleased to announce several legislative successes this month. CAI-CLAC-supported AB 2912, designed to protect the finances of community associations by requiring them to purchase fidelity bond insurance in an amount equal to

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