As of January 1, 2020, Senate Bill 326 has taken effect for HOA communities. This bill requires associations to conduct visual inspections of exterior elevated elements and load-bearing components six feet above ground. Examples of these are balconies, decks, patios and elevated walkways. It is required that a Licensed Structural Engineer or Architect generate a report summarizing the findings, which will then be included into the association’s reserve study.
Click here to read the full SB326 bill
AD Magellan will make this process simple and streamlined for you and your community by:
Partnering with a licensed structural engineer (or architect) to determine which components need to be inspected.
Overseeing the inspections and help determine if moisture meters or bore-scopes are needed for a more thorough investigation.
Ensuring that all reports are completed on time and in compliance with SB326.
Facilitating any further action that is recommended, scope development, vendor selection and completion of any repairs deemed necessary.
"Our association delayed SB326 inspections due to decks being homeowner responsibility. Soon after, lenders began declining loans, leading to frustrated owners. The Board took swift action to resolve the issue." - Community Manager
"Last year one of my clients would only qualify for a non-QM mortgage because the HOA failed to complete the mandatory SB326 inspection" -Real Estate Agent