Homeowner Association Accountability and Transparency Act of 2026 amends California Civil Code to enhance transparency and accountability in.

The Homeowner Association Accountability and Transparency Act of 2026 amends the California Civil Code to improve transparency and accountability in homeowner associations. It mandates that associations distribute an annual budget report 30 to 90 days before the fiscal year ends, including a pro forma operating budget, a summary of reserves, and a statement on funding mechanisms for major repairs. The act also requires associations to make insurance policies available for review and copying upon request.

Homeowner Association Accountability and Transparency Act of 2026 amends California Civil Code to enhance transparency and accountability in.

The Homeowner Association Accountability and Transparency Act of 2026 amends the California Civil Code to improve transparency and accountability in homeowner associations. It mandates that associations distribute an annual budget report 30 to 90 days before the fiscal year ends, including a pro forma operating budget, a summary of reserves, and a statement on funding mechanisms for major repairs. The act also requires associations to make insurance policies available for review and copying upon request.