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Message
re: HOA- Annual Dues increase
Posted on 10/6/14 at 8:29 am to tracytiger
Posted on 10/6/14 at 8:29 am 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.
This is not correct. Many HOA boards have the ability to assess annual dues without homeowner input. It depends on the covenants & restrictions. My subdivision is like this. Thankfully our HOA is not a bunch asses and these things are discussed at meetings. The problem is most homeowner refuse to attend the meetings yet they still find a way to bitch after the fact b/c they weren't consulted on every matter. If you don't like it, elect a new board.
This post was edited on 10/6/14 at 8:51 am
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