Client News & Resources

As we approach the final stretch of summer, it's a natural time for boards to reassess priorities, revisit the basics, and ensure their communities are positioned for a strong finish to the year. That includes confirming that key legal and operational obligations, like maintaining an active corporate status, are in good standing.

In this issue, we're taking a closer look at what it means to maintain corporate status in California, and why overlooking this step can have real consequences for your association. We've also included a note on Senate Bill 770, which has raised concerns across the industry.

Read the full article HERE. 

In the weeks since AB 130 took effect, we’ve been honored by the outpouring of calls, questions, and conversations. The urgency around this law is real –and we value the trust you place in us to help you navigate these legal challenges.

In this issue, we’ve compiled the most common questions we’ve received to help keep your team aligned and informed.

Despite strong opposition, Governor Newsom has officially signed AB 130 into law.

Proactive planning to navigate this bill will be essential for reducing liability, without jeopardizing community order and property values.

In this issue, we’re diving into managing unexpected expenses and emergency special assessments: when they’re appropriate, how to approach them responsibly, and what legal guardrails to keep in mind.

In this issue, we address fire clean-up efforts, and the steps affected boards need to take to get the association back on its feet.

Spring has sprung, bringing with it seasonal celebrations – and the legal questions that often follow. 

In this issue, we're sharing an article on holiday celebration compliance to help Boards navigate the balance between festive community spirit and the legal obligations around Free Expression and Fair Housing. You will also find a brief update on the state of the Corporate Transparency Act.

Another Major Shift in Corporate Transparency Act (CTA) Enforcement

Corporate Transparency Act: BOI Deadlines Extended

The Corporate Transparency Act (CTA) reporting requirements are back in effect. A recent court decision lifted the last nationwide pause, meaning applicable community associations must now comply.

Our hearts remain with those affected by the devastating fires that have impacted so much of Los Angeles. In challenging times, we are reminded of the strength of our communities, and we remain committed to being a guiding hand as we navigate the road to recovery.

This month’s newsletter covers an important legal update relevant to disaster recovery and community rebuilding. As always, we’re here to support you.

• BT successfully negotiated a settlement between the Association and a challenging owner who refused to pay assessments, resulting in the recovery of $23,000.00 in delinquent assessments and all legal fees, including the release of lien fees and lawsuit dismissal fees.
• BT successfully negotiated a settlement agreement with the bankruptcy trustee in a longstanding Chapter 7 case and was able to recover $33,000 on behalf of the Association to satisfy the owner’s unsecured/unpaid assessments