[WSBARP] WUCIOA

[Paul Neumiller]

I am assessing the impact of WUCIOA on existing HOAs (under RCW 64.38).  RCW 64.90.095 allows a preexisting CIC to elect to be governed by the new "Chapter."  Does this mean the whole chapter?  If the answer is yes, then why would a preexisting HOA ever agree to provide reserve studies (other than it's a good idea) and resale certificates and not to mention all of the changes that would need to be made to the governing documents to come into compliance with the new Chapter REC 64.90?  Are the powers-that-be preparing any seminars on this topic?  -Paul Neumiller




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