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Solera Diamond Valley August 2020

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6 SOLERA DIAMOND VALLEY | AUGUST 2020 By Anna Machado The November Election process has begun! Please review the below excerpt from the recently revised Election Rules that explain the candidate qualifications and nomination procedures. Please keep an eye out for more information on this subject in the coming weeks. Candidate Qualifications: Members seeking candidacy for a position on the Board must satisfy all of the following Candidate Qualifications at the time of nomination: • Record Owner. The person must be the record owner of a Lot or Unit within the Association's development. • Current in Assessments. The person must be current in the payment of regular and special assessments owed to the Association. This requirement does not apply in situations where (a) the Association's governing documents do not require sitting Directors to be current in the payment of regular or special assessments; (b) where the person wishing to be a candidate for the Board has paid the regular or special assessment under protest; or (c) where the person wishing to be a candidate for the Board has entered into a payment plan with the Association pursuant to California Civil Code section 5665. • Joint Ownership Interest. The person, if elected, must not be serving on the Board at the same time as another person who holds a joint ownership interest in the same Lot or Unit as the person, and the other person is either a candidate for the current election or is an incumbent director. • Membership for at Least One Year. The person must be a Member of the Association for at least one year. • Past Criminal Convictions. The person must not have had a past criminal conviction that would, if the person is elected, either prevent the Association from purchasing fidelity bond coverage required by California Civil Code section 5806 or terminate the Association's existing fidelity bond coverage. Persons running for the Board shall disclose, at the time of nomination, the existence of any past criminal convictions. • Title in Name of Company. If title to a Lot or Unit is held by a legal entity (e.g., Corporation, Limited Liability Company, Limited Partnership, etc.), the governing authority of that legal entity shall have the power to appoint a person to be a Member for purposes of being a candidate for the Board. NOMINATION PROCEDURES Notice of Nomination Form & Nomination Deadline. Not less than 30 days before the nomination deadline, the Association shall provide via general delivery a "Nomination Form" that discloses the nomination procedures and nomination deadline. The deadline for submitting a nomination ("Nomination Deadline") shall not be less than 30 days before ballots are distributed. The Nomination Form shall be delivered by individual notice pursuant to California Civil Code section 4040 if requested by a Member. Provided that Members seeking candidacy for a position on the Board satisfy the Candidate Qualifications at the time of nomination, such Members may be nominated or nominate themselves by the following procedures: • Written Nominations. Candidate nominations must be submitted in writing, via the Nomination Form, to the Association's community manager ("Manager") at any time prior to the Nomination Deadline. Failure to submit a Nomination Form to the Manager prior to the Nomination Deadline will result in the candidate's name being omitted from the ballot. • Qualification of Nominees. After collecting all properly submitted nominations, the Board, the Manager at the Board's direction, or a Nominating Committee established by the Board, shall: (1) confirm each nominated person's eligibility under these Rules; (2) confirm or cause to be confirmed each eligible nominee's acceptance of nomination (if nominated by someone other than the nominee); and (3) prepare or cause the preparation of correspondence to any nominee who was disqualified to run for the Board and the reason(s) for that decision. November Elections in Solera Diamond Valley

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