★TRILO★PEDIA®★

Within Cobblestone Canyon Trilogy Glen Ivy, the news that the 170 condos are actually commercial buildings came as a certain shock to homeowners.  Part of the reason for this naivete for this subject is that niether the HOAs or the realtors who sell or manage these condo communities are offering full disclosure about the commercial status of residential condominiums in here or maybe throughout California. Normally, the commercial status makes little difference, but for the consideration of disaster recovery and insurance coverage for such, this commercial status is both formative and formidable.  See the search below for additional information. When you change the way you find things the things you find change

  The 1994 Northridge, California earthquake has proven to be one of the most costly disasters in United States history. Anyone in California (or the world for that matter) cannot possibly study the history and effects of earthquakes without exploring the shocks and aftershocks of the infamous Northridge earthquake.  Now the retrospective of 27 years ago is more relevant than ever because the Golden State of 40+ million is never about to forget January 17, 1994. “Federal and state assistance programs received some 681,000 applications from victims for various forms of relief. In spite of the flow of US$11 billion in federal assistance into Los Angeles and Ventura (CA) counties, many victims have failed to obtain adequate relief. “These unmet needs relate to the vulnerability of particular classes and ethnic groups. In response to unmet needs, several non‐governmental organizations (NGOs) have become involved in the recovery process.  “Based on evidence collected from hund...

COBBLESTONE CANYON ★ https://trilopedia.blogspot.com ★ * TRILOPEDIA ® is designed, in a way, after the popular site WIKIPEDIA, but dedicated to education and information about a specific community, Trilogy Glen Ivy (TGI) and Cobblestone Canyon, the condominium section within TGI.  Trilogy Glen Ivy is a 1317-unit homeowner association (HOA) in the Temescal Valley of Southern California 92883.  This archive is a site created by and for members of the Cobblestone Disaster Recovery Committee who are introduced in the content below. The site is maintained by the this group separate from the TGMA Board and management, but the group was and is chartered by TGMA. Cobblestone Canyon (CID) is a condominium community, subdivision of Trilogy Glen Ivy (TGI), a homeowner association (HOA) in the Temescal Valley of Southern California. Cobblestone is one of six neighborhoods within TGI, aka the TGMA, or Trilogy GlenIvy Maintenance Association. The community is off of Interstate 15 abou...

What is disaster recovery ?   Why do governments treat HOAs as commercial entities rather than residential? Given that reality, are all other types insurance quotes for HOAs treated accordingly? Does a commercial-rate policy cost less than residential? For disaster recovery today or in the future, what are the options to pay recovery costs? ▶ Fire insurance is already provided to Cobblestone Canyon by the HOA and the premium is paid out of condo dues.  But flood insurance and earthquake insurance is not now provided. If steps to disaster recovery are required, current reserve funds would barely provide a downpayment to cover those costs, at least the costs of a major disaster, so Cobblestone homeowners could expect emergency assessments. Fire insurance with regard to earthquakes would only apply if a fire is prompted by an earthquake. Regarding an emergency assessment, loss assessment coverage may mitigate all or some of the emergency assessment which, like earthquakes, is t...

  A question and post from the distant past (circa 2011), but the answers given are still relevant today.  See LINK HERE SOURCE : Property Management Professionals (“PMP”) was founded in 2008 with a vision for a fresh approach to community management, focused on extraordinary customer care and a proactive, value-added management style that has come to define our organization. After working with the association management industry for nearly a decade, PMP founders knew that there was an opportunity to revolutionize the association management industry. By combining Fortune 500 corporation experience and work ethics with a boutique firm mentality, PMP truly offers a different experience for Board Member and resident clients. Made up of industry leaders from some of the nation’s most respected builders, developers, accounting firms, mortgage escrow companies, and community management firms, PMP has the most diverse and seasoned team of professionals in the industry. Our team’s un...