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New HOA Management Client
Coast Management of California is pleased to announce that we have been hired to manage a 20 unit condominium association in Simi Valley, California.
Read MoreHOA Portfolio Manager Wanted
Coast Management of California is growing. Therefore, we are in need of an additional HOA portfolio manager. See: HOA Portfolio Manager Wanted.
Read MoreACH Does Not Provide Homeowners Protection
ACH allows the party being paid to access the bank account of the homeowner paying assessments. This is not a good practice. See: Automatic Bill Payments vs. ACH and Payment of Assessments-Methods.
Read MoreUncollected Money Judgments
If your HOA is holding any uncollected money judgments and you need assistance in collecting any unpaid amount of $10,000 or more, contact: PRCcollections.net.
Read MoreRoof Replacements and Repairs
April through August are the best months to schedule roof replacements and major repairs because roofing contractors are the least busy during this period and almost always provide the lowest prices. In addition, it is expected that roofing contractors will be experiencing price increases for materials during the next few months which are expected to…
Read MoreSmall Homeowner Associations
We are often asked if we will manage a small homeowner association because the person calling has been told repeatedly by various management companies that they don’t manage small associations. Coast Management of California is pleased to offer management services to HOAs of all sizes. Every client is important to us. If you are on…
Read MoreHOA Insurance Carriers Demanding Updated HOA Reserve Studies
More and more HOA insurance companies in California are requiring an updated reserve study before they will renew an insurance policy. California law requires that associations with common area obtain an updated reserve study every three years. It must also be reviewed by the board every year in between to determine whether it needs to…
Read MoreHOA Insurance Carriers Demanding Updated HOA Reserve Studies
More and more HOA insurance companies in California are requiring an updated reserve study before they will renew an insurance policy. California law requires that associations with common area obtain an updated reserve study every three years. It must also be reviewed by the board every year in between to determine whether it needs to…
Read MoreFailure to Meet Deadline of Elevated Structure Inspections
Community associations that fail to meet the January 1, 2025 deadline for obtaining an Elevated Structure Inspection are asking for trouble for at least the following reasons: (1) They will be subject to financial penalties; (2) They will be placing their members, guests, and visitors at unnecessary risk; (3) They will make it extremely difficult…
Read MoreDavis-Stirling Common Interest Development Act
The Davis-Stirling Act is the main body of statutory law that applies to residential common interest developments in California. See: Davis-Stirling Common Interest Development Act.
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