2015 Compliance Insurance 
American Apartment Owners Association
FEBRUARY 13, 2025
If your association hasnt yet completed inspections, you are now out of compliance, potentially exposing yourself to serious liability and fines. Delays in compliance could lead to legal actions from homeowners, insurance complications, and costly emergency repairs. Understanding SB326 and SB721: What Are They?
Authority Property Management
MARCH 28, 2025
The Pros and Cons of Raising Rent Pros of Raising Rent: Keeps Up with Rising Costs: Property ownership isn't cheapmaintenance, taxes, insurance, and utilities all creep up over time. Let's break down the pros and cons of raising rent versus keeping it static so you can make an informed decision.
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HOA Managememt
MAY 8, 2025
Alabama Homeowners Association Act (2015) Effective January 1, 2016, Alabamas Homeowners Association Act governs homeowners associations created after that date. It also regulates budgeting, insurance, maintenance obligations, and voting rights. Existing HOAs can opt in by amending their governing documents. legal issues).
American Apartment Owners Association
JULY 14, 2025
SB326 was introduced in response to several tragic incidents involving the collapse of elevated structures in California, the most notable being the 2015 Berkeley balcony collapse that killed six people. HOA-managed communities, compliance is mandatory. Increased insurance premiums. Why SB326 Was Enacted?
American Apartment Owners Association
AUGUST 11, 2025
Location Year What Happened Casualties Payout / Verdict Berkeley, CA 2015 5th-floor balcony collapse 6 dead, 7 critically hurt ≈ $20 M+ (partial + confidential) San Francisco, CA 1998 4th-floor balcony collapse 1 dead, 1 permanent brain injury $12.39 Fines Stack with Lawsuits Cities can levy $100–$500 per day for non-compliance.
American Apartment Owners Association
NOVEMBER 27, 2024
Guarantee legal compliance meticulously and leverage technology for streamlined processes. Lastly, maintaining proactive legal compliance programs is essential. Legal compliance in multifamily real estate goes beyond these basic requirements and extends to ensuring adherence to fair housing laws and environmental regulations.
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