California HOA or Condo Association Employee Theft POSITION SCHEDULE Bond
Overview
Get your California HOA or Condo Association covered against employee theft before it becomes a crisis. A Position Schedule Fidelity Bond protects your association's funds from dishonest acts committed by employees or officers who handle money, accounts, or financial records. Each covered position is listed on the bond — so every role with financial access is explicitly named and protected. California homeowner associations and condominium associations rely on this bond to safeguard member assessments, reserve funds, and operating accounts.
Who Needs This Bond?
If you manage or serve on the board of a California homeowner association or condominium association, this bond is built for your organization. Any association that employs staff or designates officers who collect dues, manage bank accounts, or authorize payments is exposed to the risk of internal theft. A Position Schedule Bond covers specific job positions rather than named individuals — so coverage stays in place even when employees turn over. Board members, association managers, and property management companies overseeing California HOAs or condo associations are the typical applicants.
What is this Bond For?
This bond exists to reimburse the association when a covered employee or officer commits theft, fraud, or dishonest acts that result in a financial loss. Unlike a blanket employee bond, the Position Schedule format ties coverage directly to roles — treasurer, bookkeeper, property manager, and similar positions that touch association finances. If the person in that seat steals from the association, the bond responds. It protects member assessments and reserve funds that associations are legally and ethically obligated to safeguard.
When is it Required?
Renewal is a recurring obligation — this bond must remain continuously in force as long as your association has employees or officers in financially responsible positions. Many California HOA governing documents and CC&Rs require the association to carry fidelity coverage at all times, and lenders or mortgage insurers may also impose bonding requirements on associations within their financed communities. If a new person steps into a covered position mid-term, the position schedule format means coverage transfers automatically to whoever fills that role. Let your bond lapse and your association risks being out of compliance with its own governing documents and potentially unprotected against the next loss.
Where Does it Apply?
This bond applies statewide across California and is not tied to a specific county or municipality. It is held by the HOA or condo association itself as the protected party. Any California-based homeowner association or condominium association with employees or officers in roles that involve financial responsibility can obtain this bond regardless of city or region.
How to Buy Online
Click 'Buy This Bond Online' on this page and you'll be taken directly into the secure surety portal in a new tab. Complete the application with your association's information, the positions you need covered, and the bond amount required. Once approved, your bond documents are available immediately — no waiting, no callbacks.
Why Bond Titan?
Bond Titan is a nationwide surety bond storefront powered by The Southern Agency, and we've built the catalog so you can buy this exact bond online without hunting down a local agent. Everything runs through our secure surety portal — fast, paperless, and available now. If you've been told your California HOA needs a Position Schedule Fidelity Bond, this is where you get it done.