The importance of having late fee policies in place for a community association cannot be understated. Late fees are an important part of the association’s budget and a necessary tool for ensuring that members pay their dues on time and in full. But when it comes to enforcing late fees, it’s important to ensure that … Read more
If you picture living in a planned community full of amenities and happy neighbors, you’re probably asking yourself: How much is the condo association fee? Compared to a HOA fee a Condominium Fee will always be higher. The reason is that a HOA fee is divided evenly among the owners, while the condominium association fee … Read more
Most homeowners usually complain about periodic fee increases by an HOA. While some homeowner complaints against higher HOA fees are justified, most HOA boards increase dues to maintain specific community resources. And generally, the more community utilities you have, the more you will have to pay. Do HOA Fees Increase? In a nutshell, yes. Most … Read more
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