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  2. 'This problem is not going away': An entire Florida ... - AOL

    www.aol.com/finance/problem-not-going-away...

    The homeowners received notice of the assessment in early June, which detailed how the HOA’s reserves had never been fully funded in its 20-year history, presenting the community with a ...

  3. 'I needed to return to work': Florida condo owners face ... - AOL

    www.aol.com/finance/needed-return-florida-condo...

    Per the new Florida law, all three-story-plus condo buildings and at least 30 years old must undergo a mandatory engineering assessment before Dec. 31, 2024. Condo associations must also shore up ...

  4. My HOA wants me to pay $12,000 in 30 days for roof assessment ...

    www.aol.com/hoa-wants-pay-12-000-100243462.html

    None of the relevant Acts discuss special assessments in any detail. Generally speaking, it is up to your governing documents to establish the board’s right to pass a special assessment, and any ...

  5. Homeowner association - Wikipedia

    en.wikipedia.org/wiki/Homeowner_association

    Special assessments often require a homeowner-vote if the amount exceeds a prescribed limit established in the association's by-laws. In California, for example, a special assessment can be imposed by a board, without a membership vote, only when the total assessment is five percent or less of the association's annual budget. Therefore, in the ...

  6. The Poison Pill Facing Florida Condo Owners - AOL

    www.aol.com/poison-pill-facing-florida-condo...

    Imagine being a property owner in a condominium who is humming along paying the mortgage and then getting a letter from your homeowner's association (HOA) informing you of a six-figure assessment.

  7. Private transfer fee - Wikipedia

    en.wikipedia.org/wiki/Private_transfer_fee

    Transfer fee supporters responded that (1) the existence of all assessments, including HOA dues, special assessments, etc., is disclosed early in the contract stage, when buyers have an opportunity to review all matters of title before deciding to proceed with the purchase; (2) this disclosure/decision process is identical to other fees, such ...

  8. HOA fees and assessments on the rise as home-insurance ... - AOL

    www.aol.com/finance/hoa-fees-assessments-rise...

    Often, the HOA passes this ever-rising cost on to the homeowners in the form of higher monthly fees or larger one-time fees called special assessments. This jump in homeownership costs can have a ...

  9. How do I find my HOA rules and regulations in Florida ... - AOL

    www.aol.com/hoa-rules-regulations-florida-ones...

    Here’s what HOAs in Florida can and can’t do to their residents under the new Florida HOA laws and which HOA rules residents can legally fight.

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