Support SB 1007

For those that belong to an HOA...the following bill sounds wonderful.

 

SB1007 Cuts HOA Regular Assessments to 8%; Urge Your Senator to Vote YES!

DO  YOU WANT your HOA to cap regular assessments to 8% of what it was last year, INSTEAD OF 20%?

 

This bill is now headed for a vote on the SENATE FLOOR.  It removes the 20% cap on assessments and cuts it to 8%.

 

You need to

 

       • PHONE your Senator in Sacramento today or tomorrow

         

Please call Senator Kelly Seyarto (District 32) today or tomorrow (9AM-5PM) and urge a YES vote on SB1007:

•  Murrieta: (951) 894-2220

•  Sacramento: (916) 651-4032 X4032

•  Corona: (951) 280-1260

Identify yourself as a District 32 voter/homeowner.

 

       • Do NOT email, but PHONE

 

       • Identify yourself as a voter from the Senator’s

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         Kelly Seyarto, 32nd district

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          and URGE A YES VOTE ON SB1007.

 

      • THANK the person who answers the phone for conveying

         your vote.

 

SB1007 also requires HOAs to prove how they have been SPENDING THE MONEY collected from homeowners.  Too often, HOAs “cry poor” and claim they need to jack up assessments without proving costs have increased.  Under Menjivar’s bill, HOAs have to show that increases in regular assessments are truly needed.

 

Homeowners are sinking under increases in regular assessments, special assessments, and emergency assessments.  One Orange County HOA raised regular assessments TWICE in one year to the 20% limit, then levied a $4800 special assessment, then two emergency assessments of $1500 and $1600 in 2.5 years..  The HOA has announced another “emergency” assessment of $1500 to be levied in October.  

 

HOW the money is being spent hasn’t been disclosed.

 

SB1007 at least puts some sanity – and accountability – into regular assessments.

 

PHONE YOUR SENATOR TO URGE YES ON SB1007

 

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