CLG COVID -19 Q&As December 9, 2020

CLG COVID -19 Q&As Decemb…

Representing WA State condominium and homeowner associations. Questions? Email us:

CLG COVID -19 Q&As December 9, 2020 topics included:

  • Governor's Proclamation 20-51
  • Delinquencies
  • Master association - should they monitor sub-association delinquencies?
  • Annual meetings, voting to waive the annual audit for prior or current year?
  • Reserve study reports - do industry standards require that they use best estimates with respect to economic assumptions (inflation rate & investment rates)
  • In reference to 64.38.065, what constitutes “significant assets”?