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HOA fees and assessments in high-risk markets. For markets at greater risk for extreme weather and other dangers, though, that percentage is much higher. For example, the same study shows that the ...
An HOA, or homeowners association, is a type of community association made up of all of the homeowners in a particular planned community. HOAs, like condo associations, are responsible for ...
In some U.S. states (such as Texas) an HOA can foreclose a member's house without any judicial procedure in order to collect special assessments, fees and fines, or otherwise place an enforceable lien on the property which, upon the property's sale, allows the HOA to collect otherwise unpaid assessments. [52]
Policymakers plan to keep a close eye on reserve studies and assessments in 2025. Rep. Lopez expects South Florida to be hit the hardest with increases in condo HOA fees, special assessments and ...
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 ...
Homeowners associations (HOAs) have exploded in popularity across the United States over the past few decades. These residential communities come with shared amenities and services but also ...
Yet another torrid tale has emerged of Florida homeowners being hit with eye-watering special assessment fees as building managers race to be in compliance with a new state law.. This time, it’s ...
Homeowners association fees are monthly payments from residential property owners to their HOA. You typically see these fees in newer developments where the HOA provides basic services and enforces...