Posts Tagged Insurance
Davis-Sterling.com Newsletter – 01/15/2012
ASSESSMENT REFUND? QUESTION: Our CC&Rs say the board can raise our yearly dues. However, our rules were changed to state that our dues cannot be raised above our current $36. The board raised our dues in violation of the rules. Does the board have to reimburse homeowners for the increased money ($11), as what they [...]
Davis-Sterling.com Newsletter – 06/19/2011
ETHICS & CONFLICTS OF INTEREST This past Monday the U.S. Supreme Court made a rare unanimous (9-0) ruling in a case involving an ethics issue. Facts. The case involved a city council member, Michael Carrigan, who voted for a casino development where his long-time personal friend and campaign manager was the developer’s consultant. Carrigan disclosed [...]
Costs and Benefits of Earthquake Insurance: Is it Worth the Cost?
By David Swedelson, SwedelsonGottlieb Partner Japan’s massive earthquake has caused many of us to be concerned about earthquakes in California. A March 20, 2011 L.A. Times article reports that the Japan quake has created a surge of interest in earthquake insurance in California. The article reports that only about 12% of Californians with homeowner’s insurance policies [...]
What Happens When an Owner’s Employee is Injured in Common Area in an HOA?
By Beth Grimm I received an email with an interesting twist regarding liability for accidents that happen in a homeowners association common area and whether it matters who is injured. Here it is: “We’ve been working on restating our bylaws/CC&Rs, and an owner brought up an interesting question: If a unit owner’s maid is injured [...]