The Association recently was informed by our attorney that, on March 27, the Governor signed a bill (SB6175) that contains new law applicable to Washington Home Owners Associations.
According to the attorney’s analysis of the statute, just received by the Board, Sections 117 and 326 of this newly controlling HOA law will apply to Sudden Valley as of July 1 this year. Section 326 requires dues assessments, and special assessments, to be included in, and part of, any proposed budget. Budgets are approved unless a “majority of the votes in the association … reject” it. Separate voting on dues and assessments is no longer permitted.
The Board will be working with the Association’s attorney to determine how best to deal with the required impact.