Blog

Budget Season Survival Guide

As we approach the end of the fiscal year for many associations, the Annual Budget Report and Annual Policy Statement are at the top of the mind for many board members and managers. Ensuring your association has properly complied with the Annual Budget Report requirements and Annual Policy Statement requirements listed below will help ensure your association is appropriately prepared for the next fiscal year. An association can only raise regular assessments for the coming Read more…

By Philip Wahlquist, Esq., ago

Balcony Bill Checklist

Roseman Law has received many requests to provide additional guidance in complying with SB326 – also known as the Balcony Bill.  This document can serve as a checklist for a pragmatic approach in complying with the Balcony Bill.  This checklist highlights several aspects of the Balcony Bill and some potential consequences it may have for your Association. What is the Balcony Bill? On August 30, 2019, Governor Newsom signed Senate Bill 326 into law.  The Read more…

By Sophie Haimof, Esq., ago
Business Judgment Rule

Board Members Beware

New Case Limits Protections of Business Judgment Rule for Conflicted Directors It’s a Thursday night, you just got off of work, and you are ready to crack open a cold one with your favorite show—wrong, you are a volunteer board member for your homeowners association and have a three-hour long Board meeting to attend where you may or may not be greeted by disgruntled association members. For the overwhelming majority, individuals that serve on the Read more…

By Andrew M. Jun, Esq., ago
Meeting

An Introduction to Serving on an Association’s Board of Directors – Part III

All About Meetings If you have found yourself reading this article, you are likely serving on the Board of Directors for your association.  If you are new here, please refer to our previous articles in this several part series, which provide background on who makes up a board and what roles each director and officer play, as well as what fiduciary duties are owed by a director to the membership.  These articles are designed to Read more…

By Sophie Haimof, Esq., ago
Fiduciary Duty

An Introduction to Serving on an Association’s Board of Directors – Part II

All About Fiduciary Duties What is a Fiduciary Duty? A fiduciary is a person who holds the highest relationship of trust with one or more other parties. Typically, a fiduciary is responsible for prudently taking care of money or other assets for the benefit of another person. Thus, as fiduciaries the directors of a homeowner’s association owe the members or shareholders of that corporation certain duties.  The primary fiduciary duties a director owes to an Read more…

By Sophie Haimof, Esq., ago
New Law 2021

2021 Davis-Stirling Act and Commercial CID Act

Roseman Law, APC has formatted the 2021 Davis-Stirling Common Interest Development Act into an easily searchable, fully bookmarked PDF for your reference. You can view the Davis-Stirling Act below, or download it from the link at the bottom of this post. We have also formatted and bookmarked the 2021 Commercial and Industrial CID Act as a reference for our commercial association clients. The Commercial CID Act can be viewed below or downloaded from the links Read more…

By Roseman Law, APC, ago
Board of Directors

An Introduction to Serving on an Association’s Board of Directors

Serving on the Board of Directors for your Association presents itself with certain challenges. These can be compounded greatly simply because there is no user-guide or manual available to answer some of the fundamental questions one might have. This article is designed to help new and old Board members to understand exactly what it is they volunteered for, and to explain what that means. What is a Board of Directors? The Board of Directors (“Board”) Read more…

By Sophie Haimof, Esq., ago

Managing Partner Steven Roseman Featured in Authority Magazine

Thank you so much medium.com and Authority Magazine for the exclusive of Steve Roseman in your interview series “How To Use Digital Transformation To Take Your Business To The Next Level.” The digital era we have entered, especially due to the unforeseen pandemic, is now the new norm and without a doubt, our future. Steve Roseman shared his take on what going cloud based has done for not only himself, but here at Roseman Law and how Read more…

By Roseman Law, APC, ago
COVID Tenant Relief Act

AB3088, SB91 and the COVID-19 Tenant Relief Act of 2020

On August 31, 2020, California Governor Gavin Newsom signed AB3088 into law.  AB3088 enacted several new laws and modifications to existing laws meant to address the negative economic effects of the COVID-19 pandemic.  One part of AB3088 is known as the “COVID-19 Tenant Relief Act of 2020” (“Relief Act”).  This new set of laws enacted various rules and guidelines with the aim of protecting tenants in residential settings experiencing financial hardship as a result of Read more…

By Robert M. Velasquez, Esq., ago

Roseman Law Celebrates 25 Years of Success by Giving Back

The firm honors 25th Anniversary with a ‘25 days of Giving’ initiative involving over 10 charities Woodland Hills, CA- (January 21, 2021) – Roseman Law, APC, Southern California based business and real estate law firm, is celebrating their 25th anniversary. With COVID-19 primarily at the forefront of everyone’s mind, Roseman Law, APC decided the best way to celebrate their major milestone of success is to give back to areas where it is needed most. The Read more…

By Roseman Law, APC, ago