What are the requirements for HOA records and documents?

In California, Homeowners Associations (HOAs) must keep records and documents related to their operations in accordance with the Davis-Stirling Common Interest Development Act. These documents must include, but are not limited to, the HOA’s Articles of Incorporation, Bylaws, and operating rules. Other documents may include meeting minutes, contracts, insurance policies, financial reports, and accounting information. HOAs must keep all documents for a minimum of six years. However, financial records must be saved for at least three years. An HOA must also make records and documents available to all members of the association upon request. This includes access to voting records, information about all members of the association, and documents related to the HOA’s financials. Furthermore, HOAs must keep records of all complaints and resolutions regarding the association and its members. This includes violations of rules, disputes between members, and other matters. The HOA must keep records of all its decisions related to these matters and any subsequent legal action. Finally, HOAs must keep records of all assessments and fees paid by members of the association. This includes payments for maintenance, insurance, and other fees. HOAs must also make the records of these fees available to members upon request. In conclusion, HOAs in California must keep a variety of records and documents related to their operations, including financial records, meeting minutes, and records of complaints and disputes. Furthermore, they must make these documents available to all members upon request.

Related FAQs

Can I be evicted from my property if I don't pay my HOA dues?
Can an HOA restrict the type of landscaping I can do on my property?
What is the role of the state in regulating HOAs?
How can I ensure that my HOA complies with the law?
Can the HOA fine me for violating rules?
How do I contest an HOA assessment or fine?
How can an HOA increase homeowner participation?
What role does an HOA have in approving or denying service requests?
What is the role of an HOA attorney?
How can I dispute a decision made by my HOA?

What are the requirements for HOA records and documents?

Related FAQs

Related Blog Posts