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  2. HOA fees and assessments on the rise as home-insurance ... - AOL

    www.aol.com/finance/hoa-fees-assessments-rise...

    Increases in home-insurance costs mean that HOA fees are on the rise as well. ... Texas (14.6 percent); Sacramento, California (13.1 percent); and Atlanta (12.2 percent). ... from people who want ...

  3. Davis–Stirling Common Interest Development Act - Wikipedia

    en.wikipedia.org/wiki/Davis–Stirling_Common...

    Developers were compelled to create homeowners' associations which would extract fees and assessments from homeowners to pay for such services. [7] Local governments also began to impose user fees and special assessments on real property for services and public improvements in lieu of higher taxes, which was then curtailed by the 1996 enactment ...

  4. 1996 California Proposition 218 - Wikipedia

    en.wikipedia.org/wiki/1996_California...

    The property assessment loophole floodgates opened wide following a controversial 1992 California Supreme Court decision (known as the Knox [20] case) holding that the two-thirds voter approval requirement for local special taxes under Proposition 13 did not apply to special benefit assessments on real property.

  5. California homeowners could face property insurance hikes ...

    www.aol.com/california-homeowners-could-face...

    At the same time, rising property insurance costs are pushing homeowners to other states, which S&P warned could cut into state tax revenue and cause downgrades to government credit.

  6. California FAIR Plan insurance: What it is and how it works - AOL

    www.aol.com/finance/california-fair-plan...

    California’s FAIR Plan offers property insurance for owner- and tenant-occupied buildings, seasonal homes, condos and rental properties (personal property coverage only). To get coverage ...

  7. Special assessment tax - Wikipedia

    en.wikipedia.org/wiki/Special_assessment_tax

    A special assessment district (S.A.D.) is a geographic area in which the market value of real estate is enhanced due to the influence of a public improvement and in which a tax is apportioned to recover the costs of the public improvement.

  8. Homeowner association - Wikipedia

    en.wikipedia.org/wiki/Homeowner_association

    Special assessments often require a homeowner-vote if the amount exceeds a prescribed limit established in the association's by-laws. In California, for example, a special assessment can be imposed by a board, without a membership vote, only when the total assessment is five percent or less of the association's annual budget. Therefore, in the ...

  9. Limited home insurance options in California as major ... - AOL

    www.aol.com/finance/limited-home-insurance...

    Bankrate’s premium data from Quadrant Information Services indicates that the annual average cost of home insurance in California is $1,217 for $250,000 in dwelling coverage, which is about 28 ...

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