HOA Late Fees: Policies, Owner Rights, And Possible Evictions
When a homeowner fails to pay their dues, HOA late fees are usually the first penalty they face. That said, not all associations may have the authority to charge late fees, especially for amounts over a certain threshold. Board members must check state laws and their governing documents to confirm authority and avoid liability. […]
How Much HOA Fee Is Too Much? Factors Boards Should Review First
How much HOA fee is too much? It depends on what the community needs and what it actually costs to run it well. Some associations charge more because they offer more services. Meanwhile, others charge more because they face rising costs or poor planning. Boards should review a few key factors before assuming fees are […]
How Much Can HOA Fees Increase?
It is no secret that HOA fees increase every few years. Homeowners might wonder why, and it is the HOA board’s job to explain it to them. Additionally, board members should always follow proper procedures and adhere to the limits imposed on their authority. This applies to raising dues as well. Can HOA Fees […]