California HOA/s

The California Davis-Stirling Act mandates that the maximum per year increase is 20 %.Your CC&R's probably specify a amount also. If the CC&R's specify a smaller percentage then the Davis-Stirling Act they take control. This can be changed with a amendment if necessary. Good Luck. Been there !!
Larry

I live in CA and our HOA has not increased our dues in four years. That is a good thing since we are always under budget, they say. I am concerned because they had gotten less expensive insurance for our property by dropping the earthquake insurance. I heard this was determined by the Board only. We live in a PUD of 60 units, single story condo's and two story condo's. I have read the CC&R's and it states that we need to have a blanket type of insurance policy. Would a blanket type policy covered damage from a earthquake. Since we live near the San Andreas fault, I would think earthquake insurance should be a matter for all of the homeowners to discuss whether we should have it or not. The BOD say's it was not cost effective to have. The CC&R's states that the whole community could be subject to a special assessment fee if they deem it necessary if a quake hits. I see that that would wipe out alot of people who live here, since we are paying dues each month thinking that the outside of the building is covered by the HOA Dues, if any outside wall structures developes cracks and, sidewalk raise and create trip hazards.
I only wished that I knew than what I know now. I did not receive my CC&Rs until we had bought the Condo and were signing the papers at the Real Estate Office.

LouiseH: what type of personal homeowners' insurance do you have? Are you covered for earthquakes? It may be well for you to discuss with your own company.