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Committee advances HOA fee‑disclosure bill after stakeholder negotiations pledged
Summary
AB 7 39 (Jackson) would require managing agents to summarize fees charged to homeowners associations and provide that summary to boards and homeowners; the committee passed the bill to Housing and Community Development after the author pledged amendments to limit costs and clarify what fees must be disclosed.
Assemblymember Jackson’s AB 7 39, requiring managing agents to provide a summary of fees charged to homeowners association boards and homeowners, was passed by the Assembly Business and Professions Committee to the Committee on Housing and Community Development.
Jackson said he would accept amendments to remove an HOA board education…
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