Articles
Two HOA Portfolio Managers Wanted
Coast Management of California is growing. Therefore, we are in need of two additional HOA portfolio managers. See: HOA Portfolio Manager Wanted.
Read MoreReferral Fee Paid to Homeowner
Our company recently paid a substantial referral fee to a homeowner who referred an HOA management client to us. We were glad to write the check and appreciate the referral. Our business has been based on referrals over more than 36 years. See: Earn a Referral Fee.
Read MoreCaution – Certain Management Companies Will no longer Accept Phone Calls
We have recently learned that certain management companies no longer accept phone calls from homeowners living within their HOA client properties. These management companies only accept email communications. Owners without computers who cannot send emails are required to mail letters to their management company, if they want to contact the company. Many associations find this…
Read MoreCertified Vendor Programs – Caution
Some of our competitors require contractors and vendors to pay them a fee in order to become a “certified” or “approved” contractor or vendor. Many people, including ourselves, consider this a form of kickback. Coast Management of California does not follow this practice. See: Certified Vendor Programs – Caution for additional information.
Read MoreHOA Board Training Seminars
Coast Management of California is continuing to offer homeowner association board training seminars either by Zoom or in person. For more information: FreeHOASeminars.net.
Read MoreEarn Referral Fees
You can earn a referral fee of $300 to $700 for the referral of full-service HOA management accounts to Coast Management of California: Earn a Referral Fee.
Read MoreMinutes of Meetings Required by Law
Minutes of meetings are required by law to be taken at board meetings and should be maintained by the corporate secretary. They should never be discarded. Aside from being required by law, they are sometimes used to defend an association against legal claims. They must also be provided by the management company to escrow companies…
Read MoreNot All Management Companies are the Same
The property management company you hire makes a difference. Knowledge and experience saves your HOA money and protects your interests. See: The Property Management Company You Hire Makes a Difference and Evaluate Your HOA Management Company.
Read MoreInflation, Crime and HOA Budgets
Due to the unprecedented inflation currently taking place in the United States, most homeowner associations are finding it necessary to re-evaluate their operating budgets and reserve budgets. The cost of electricity, water, and natural gas has continued to skyrocket, and all products that are oil based such as roofing materials, paint, wood stain, plastic, and…
Read MoreOwners have no Right to Offset Assessments
It is well established that a homeowner’s obligation to pay assessments is not subject to any right of offset. The covenant to pay assessments is separate from the covenant to maintain the common area. The performance of the association’s duties under the governing documents is not consideration for the payment of assessments.
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