Sections
6 entriesSection 5600Requires an association, except as provided in the referenced provision, to levy regular and special assessments sufficient to perform its obligations under…Section 5605Limits regular-assessment increases without member approval to 20 percent over prior year and aggregate special assessments to 5 percent of budgeted gross…Section 5610Exempts emergency assessment increases from the referenced limitation when expenses are court-ordered, address health or safety threats or hazardous conditions, or are…Section 5615Requires an association to give members individual notice of any increase in its regular or special assessments. The notice must be provided…Section 5620Exempts regular assessments from execution by an association judgment creditor only to the extent necessary to provide essential services such as utilities…Section 5625Prohibits assessments based on a separate interest's taxable value unless the association had levied assessments that way on or before December 31,…