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<DIV><FONT size=4>I am replying to an old (and very helpful) email.</FONT></DIV>
<DIV><FONT size=4>My clients are wondering “who is going to enforce this”?
Is it just banks who may balk at lending if a reserve study and minutes are not
up to date?</FONT></DIV>
<DIV><FONT size=4>Second, I have one HOA with 9 houses, but they have a few
miles of paved roads that they maintain. They also maintain two entrances. Is
that a “substantial development” that would make them have to comply before they
get their 10 house (which could happen before their next annual
meeting)?</FONT></DIV>
<DIV><FONT size=4></FONT> </DIV>
<DIV><FONT size=4>Thanks</FONT></DIV>
<DIV><FONT size=4>Josh</FONT></DIV>
<DIV> </DIV>
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<DIV><STRONG><SPAN style="FONT-SIZE: 18pt; COLOR: #004080">Joshua F.
Grant</SPAN></STRONG><SPAN style="COLOR: #004080"><BR></SPAN><SPAN
style="COLOR: black"><IMG title=advocates
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width=207 height=43><BR></SPAN><SPAN style="FONT-SIZE: 11pt; COLOR: #004080">P.
O. Box 619<BR>Wilbur, WA 99185<BR>509 647 5578</SPAN><SPAN
style="COLOR: black"><o:p></o:p></SPAN></DIV></DIV></DIV></DIV>
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<DIV style="BACKGROUND: #f5f5f5">
<DIV style="font-color: black"><B>From:</B> <A title=rob@hctc.com
href="mailto:rob@hctc.com">Rob Wilson-Hoss</A> </DIV>
<DIV><B>Sent:</B> Thursday, October 17, 2019 1:51 PM</DIV>
<DIV><B>To:</B> <A title=wsbarp@lists.wsbarppt.com
href="mailto:wsbarp@lists.wsbarppt.com">'WSBA Real Property Listserv'</A> </DIV>
<DIV><B>Subject:</B> [WSBARP] (no subject)</DIV></DIV></DIV>
<DIV> </DIV></DIV>
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<P class=MsoNormal><SPAN
style='FONT-SIZE: 14pt; FONT-FAMILY: "Times New Roman","serif"'>For our HOA
wonks, here is a summary of what the new CIC Act does to budget requirements for
pre-existing HOAs. I would love it if anyone could improve on this.
<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 14pt; FONT-FAMILY: "Times New Roman","serif"'><o:p></o:p></SPAN> </P>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 14pt; FONT-FAMILY: "Times New Roman","serif"'>Rob<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 14pt; FONT-FAMILY: "Times New Roman","serif"'><o:p></o:p></SPAN> </P>
<P class=MsoNormal style="TEXT-AUTOSPACE: "><SPAN
style='FONT-SIZE: 14pt; FONT-FAMILY: "Times New Roman","serif"'>Robert D.
Wilson-Hoss <BR>Hoss & Wilson-Hoss, LLP <BR>236 West Birch Street
<BR>Shelton, WA 98584 <BR>360 426-2999<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style='FONT-SIZE: 14pt; FONT-FAMILY: "Times New Roman","serif"'><A
href="wlmailhtml:www.hossandwilsonhoss.com"><SPAN
style="COLOR: blue">www.hossandwilson-hoss.com</SPAN></A><BR><A
href="mailto:rob@hctc.com"><SPAN
style="COLOR: blue">rob@hctc.com</SPAN></A></SPAN><o:p></o:p></P>
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