Legal Question in Real Estate Law in California

What is the disposition options regarding the handling of excess income (collecting more in Association dues than is necessary to operate the planned Unit Development?


Asked on 8/19/10, 10:21 pm

2 Answers from Attorneys

That should be governed by your CC&R's and any other association governing documents. If not, it would appear to be discretionary to the board to create a reserve or refund the money.

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Answered on 8/24/10, 10:28 pm
Bryan Whipple Bryan R. R. Whipple, Attorney at Law

.......and/or reduce the dues.

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Answered on 8/25/10, 8:25 am


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