“Peters said HOA lobbyists were making headway negotiating the bill and coming to a mutual agreement, but on June 27, the HOA language from SB 681 was added into AB 130 and passed three days later, leaving the HOA industry reeling.
“As an industry, this came as a shock,” she said. “Everyone is scrambling to get a handle on the changes.”
Peters said no one likes paying fines, but noted that fines aren’t a money-making tool for HOAs.”
If it’s an industry and has lobbyists, I would venture to guess that it is also a money making operation.
There are HOA management companies. They work kind of like rental property management, but messing with property people actually own, so the board doesn’t actually have to do anything. They often go ham on handing out fines to justify their existence to the board-they probably get a cut off the fines. Most of those horror stories you hear are due to these companies.
John Oliver did an episode on them a few years back.
“Peters said HOA lobbyists were making headway negotiating the bill and coming to a mutual agreement, but on June 27, the HOA language from SB 681 was added into AB 130 and passed three days later, leaving the HOA industry reeling. “As an industry, this came as a shock,” she said. “Everyone is scrambling to get a handle on the changes.” Peters said no one likes paying fines, but noted that fines aren’t a money-making tool for HOAs.”
If it’s an industry and has lobbyists, I would venture to guess that it is also a money making operation.
I’ve never seen the words HOA and lobbyist used in conjunction. Pure horror
HOA industry? Fuck that noise.
There are HOA management companies. They work kind of like rental property management, but messing with property people actually own, so the board doesn’t actually have to do anything. They often go ham on handing out fines to justify their existence to the board-they probably get a cut off the fines. Most of those horror stories you hear are due to these companies.
John Oliver did an episode on them a few years back.
Also when you call it an industry that’s kind of a tell.