What’s Up with the New Balcony Law for Condos in California?

If you own or are considering buying a condo in California, especially in Walnut Creek or the East Bay, you may have noticed some changes affecting condo owners in recent years. One major development is the new balcony inspection law, which is impacting many condo complexes across the state. Here’s what you need to know if you’re involved in real estate in Walnut Creek or anywhere in California.

What Is the New Balcony Law?

Following a tragic building collapse in Berkeley in 2015 that resulted in fatalities, California passed legislation requiring condo complexes to have thorough inspections of balconies and other structural elements if the buildings are a certain age. The goal is to improve safety and prevent any future accidents.

If your condo building is older — typically 40 years or more — it must be inspected, and if any repairs or structural work are necessary, they must be addressed promptly.

How Does This Affect Condo Owners?

The repairs usually come with a price tag. If the homeowners association (HOA) doesn’t have sufficient reserves to cover the costs, they will likely issue an assessment, which means each condo owner has to pay a portion of the repair costs. Alternatively, HOA fees may rise to build up reserves for the work ahead.

For many condo owners in the East Bay and Walnut Creek, this means budgeting for additional expenses this year or in coming years. These repairs can be extensive and costly, sometimes running into millions of dollars, especially in older buildings.

Why Is This Important for Walnut Creek Real Estate Buyers and Owners?

If you’re thinking about buying a condo in Walnut Creek or elsewhere in the East Bay, knowing about these laws and potential assessments is crucial. An unexpected assessment could impact your financial plans, and it’s important to factor this into your decision-making process.

Similarly, if you already own a condo, understanding this law helps you prepare for upcoming HOA changes, fees, or assessments.

What Should You Do?

• If you own a condo, check with your HOA about upcoming inspections or potential assessments related to balcony and structural repairs.

• If you’re buying, ask your real estate agent about any known assessments or inspection requirements for the complex.

• Stay informed about California state laws affecting condo ownership and maintenance.

At Ask Brendan, we specialize in Walnut Creek real estate and have deep knowledge of local and state regulations impacting condo ownership in the East Bay and California. If you want more information on this new balcony law or need help navigating condo purchases or sales, just message us. We’re here to help you make smart, informed real estate decisions.