LindaX (California)
Posts: 11
Posts: 11
Posted:
HOA member has meeting and pass the vote to stop business with the current management company.
We are in month by month contract with them and we follow the contract to give them written notice in 30 days advance. Now the managment company's owner trying to play sneeky game, he tells one of the board through phone that we cannot manage ourselve. We have to bond with a management company otherwise will get suit. Our CC&R not limit us have to manage our property by a management compnay (we are small communicate only have 9 units and we are in California).
So under this situation, we may have problem to get all bank account and utility account transfer smoothly. My question is
1. Does California law said if a community is managed by management company cannot switch to self management?
2. We already notify them stop business on 1/31/2012. As I understand, HOA is the owner of all documents and account, can they not release to us before that date? If they not release the file, what is our choice? Can we go bank and utility company direct says we are the owner and need to transfer the control?
Linda
We are in month by month contract with them and we follow the contract to give them written notice in 30 days advance. Now the managment company's owner trying to play sneeky game, he tells one of the board through phone that we cannot manage ourselve. We have to bond with a management company otherwise will get suit. Our CC&R not limit us have to manage our property by a management compnay (we are small communicate only have 9 units and we are in California).
So under this situation, we may have problem to get all bank account and utility account transfer smoothly. My question is
1. Does California law said if a community is managed by management company cannot switch to self management?
2. We already notify them stop business on 1/31/2012. As I understand, HOA is the owner of all documents and account, can they not release to us before that date? If they not release the file, what is our choice? Can we go bank and utility company direct says we are the owner and need to transfer the control?
Linda