PMI Shield Around San Diego - Events and Community News

Changes to Association Election Process

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SB 323 – Changes to Association Election Process  This month California governor Gavin Newsom signed new legislation into law, which will take effect on Jan 01, 2020. The Davis-Stirling Act statute update introduced major changes to the election process for Homeowner and Condominium Communities. While these changes may not be a...

Tell Me About Reserve Studies

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As a community manager, one of the services we provide is to facilitate determining an appropriate Reserve Fund for the annual budget. The purpose of a reserve fund is to repair, replace, restore, or maintain the major common area components. Civ. Code §5510(b); §5565(b)(1)  A detailed inspection by a professional...

EV Charging Stations in Common Areas

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We found another interesting update on the Davis-Stirling.com site, which took effect on January 1, 2019 The existing laws regarding Electric Vehicle Charging Stations note: Any restriction which prohibits or restricts the installation or use of an electric vehicle ("EV") charging station in a common interest development is void...

Association Fidelity Bond Updates in 2019

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In January 2019 updates to fidelity bond minimums went into effect in California. We need to work with our communities to ensure they have adequate coverage!Civil Code §5806. Fidelity Bond Requirements. Unless the governing documents require greater coverage amounts, the association shall maintain fidelity bond coverage for its dire...