Coast Management of California is pleased to announce that we have been hired to manage a 20 unit condominium association in Simi Valley, California.

Coast Management of California is growing. Therefore, we are in need of an additional HOA portfolio manager. See: HOA Portfolio Manager Wanted.

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.

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.

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 be about 30%. Note that materials are approximately 50 of the cost of roofing contracts. This will be passed on to customers. If boards wait until the rainy season, they will pay the highest prices and may experience delays because roofers get very busy when it starts to rain.

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 the board of a small association, please call us for a management proposal.

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 be adjusted or updated at that time. For information about reserve studies: Pacific 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 be adjusted or updated at that time. For information about reserve studies: Pacific Reserve Studies.

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 for owners to refinance their property; and (4) They will make it far more difficult for owners to sell their property at a good price.

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.