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 Read more…
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 Read more…
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 Read more…
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 Read more…
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 Read more…
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 Read more…
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 Read more…
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, Read more…
APPROVED BILLS AND AFFECTED STATUTES AB 3182 – Limitations on Rental Restrictions Effective January 1, 2021 Amends Civil Code §4740 and Government Code §65852.2. Enacts new Civil Code §4741. AB 3182 imposes restrictions on common interest developments from enforcing provisions within their governing documents that unreasonably limit and/or effectively prohibit Read more…
On August 30, 2019, Governor Gavin Newsom signed Senate Bill 326 into law. The Bill added new Civil Code §§ 5551 and 5986 to the Davis-Stirling Common Interest Development Act and became effective on January 1, 2020. In short, new Civil Code § 5551 applies to condominium buildings containing three Read more…