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Message
HOA- Annual Dues increase
Posted on 10/5/14 at 4:45 pm
Posted on 10/5/14 at 4:45 pm
Just got a letter in the mail that our board has elected to raise our dues. As in no vote was held for the residents. My neighborhood doesn't offer any amenities and the dues were already ridiculously high. What happens if I elect to only pay the old amount, the amount I agreed upon when buying a lot and building my house?
15
Posted on 10/5/14 at 4:48 pm to LSUEEAlum
You'll get skinth up by an HOA member.
Posted on 10/5/14 at 4:48 pm to LSUEEAlum
I wouldn't go that route, as they will put a lien on your house...
fwiw, sounds like you'd better start attending the meetings...
fwiw, sounds like you'd better start attending the meetings...
Posted on 10/5/14 at 4:48 pm to LSUEEAlum
Legit question. HOA's can be frickers, ask to see last years expenditures and bank statements. My last HOA was MAKING money and had $20k in the bank when they discussed raising dues. They backed off eventually.
Posted on 10/5/14 at 4:50 pm to Spankum
That's what I'm saying. There are no meetings. This was done with no input from the residents.
Posted on 10/5/14 at 4:53 pm to LSUEEAlum
Do the by laws allow them sole authority over rate increases?
If so, you should have done your homework before buying your house.
If so, you should have done your homework before buying your house.
Posted on 10/5/14 at 4:53 pm to LSUEEAlum
quote:
That's what I'm saying. There are no meetings. This was done with no input from the residents.
They can sue you, get a judgment, including their attorney fees and court costs. Proceed with caution.
This post was edited on 10/5/14 at 4:54 pm
Posted on 10/5/14 at 4:54 pm to jbgleason
They have not mailed that out yet. Last year there was not much money left as this neighborhood is still being developed. Over 50% of the lots are empty.
Posted on 10/5/14 at 4:54 pm to LSUEEAlum
Look at your Declaration.
Often has information about members petitioning for a meeting.
Often has information about members petitioning for a meeting.
Posted on 10/5/14 at 4:57 pm to LSUEEAlum
quote:
Just got a letter in the mail that our board has elected to raise our dues.
This is exactly what I just heard could happen, I just have to worry about NOLA thugs robbing me.
Posted on 10/5/14 at 4:59 pm to LSUEEAlum
Why people choose to live in such places is beyond me. Its like choosing to live under a communist government.
Posted on 10/5/14 at 5:00 pm to LSUEEAlum
quote:
That's what I'm saying. There are no meetings. This was done with no input from the residents.
sounds strange as hell...do homeowners elect the board members?....are there some meeting minutes you could read?...
Posted on 10/5/14 at 5:09 pm to Spankum
Not sure how you get on the board. Over 50% of the lots are still empty and the developer still owns them. He is also a resident of the neighborhood. So I guess he can just make this change since he still owns the majority of the lots. Honestly I don't know. Guess I gotta do some reading.
Posted on 10/5/14 at 5:15 pm to LSUEEAlum
Carriagewood Estates? I just got the same letter. The pond behind my house looks like a swamp, I'd like to know where are dues are being spent. Especially considering they decided to hire a third party property management company.
Posted on 10/5/14 at 5:15 pm to Ponchy Tiger
You don't have a choice in many urban places.
Posted on 10/5/14 at 5:15 pm to LSUEEAlum
They can not raise the dues without a vote from all homeowners, must be 50% or more agreeing to raise it, the bylaws would have to be changed by a lawyer as well.
They can't raise the dues just because they want to.
You do have to pay the dues as written in the bylaws. If not a lien can be placed on your house.
They can't raise the dues just because they want to.
You do have to pay the dues as written in the bylaws. If not a lien can be placed on your house.
Posted on 10/5/14 at 5:17 pm to SetTheMood
quote:
Carriagewood Estates? I just got the same letter. The pond behind my house looks like a swamp, I'd like to know where are dues are being spent. Especially considering they decided to hire a third party property management company.
Board member compensation for the time they need to devote to pressing tasks of keeping the community the best it can be.
Posted on 10/5/14 at 5:17 pm to SetTheMood
Yep. Thinking about moving.
Posted on 10/5/14 at 5:18 pm to tracytiger
quote:
They can not raise the dues without a vote from all homeowners, must be 50% or more agreeing to raise it, the bylaws would have to be changed by a lawyer as well.
They can't raise the dues just because they want to.
You do have to pay the dues as written in the bylaws. If not a lien can be placed on your house.
Negative.....completely depends on how the bylaws are written
Posted on 10/5/14 at 5:21 pm to Tigerpaw123
And remember the by laws were written by the developer, who will give himself the most lienancy in all situations until all lots are sold
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