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re: HOA- Annual Dues increase

Posted on 10/6/14 at 8:46 am to
Posted by lsufan1971
Zachary
Member since Nov 2003
18482 posts
Posted on 10/6/14 at 8:46 am to
quote:

Negative.....completely depends on how the bylaws are written


Correct...some HOA bylaws state majority of homeowners living in the subdivison and some state majority atteneding the meeting. Most will be majority atteneding the HOA meeting. Sucks to be in an place where the developer still has contol of the HOA. I would be willing to bet since the the developemnt is still 50% complete he has not turned the HOA over to the owners in the subdivion. Most developers have clauses in thier HOA that they don't turn over until a certain% of lots are sold.
This post was edited on 10/6/14 at 8:47 am
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