How often do association fees need to be paid in condos?

Answer Your governing documents are specific about your responsibility to pay your assessments. Sometimes, assessments are due on an annual basis and payable monthly.

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Do all condos have association fees?

Yes, generally. Associations levy assessments against unit owners in order to pay for communal expenses. These might include:Master insurance policy premiumsLandscape, pool, public recreational are... Read More »

If you own your home outright and the condo association has placed a lien on it for unpaid condo association fees can they take your home if the fees are not paid?

Yes.Read your governing documents to verify that your monthly assessments represent an automatic lien on your title.When your board decides to file a formal lien, they are taking one of several ste... Read More »

What can you do as a renter when the landlord has not paid asessment fees to the association?

If the association fees are part of the obligations of your landlord under your lease agreement you could pay the fees directly, then deduct them from the rent, sending a letter to the landlord wit... Read More »

What Are the Rules for Foreclosure on Homes Due to Homeowner Association Fees Not Being Paid?

Many neighborhoods around the nation have homeowners associations and the residents pay dues to the HOA. These dues cover communal expenses and the day-to-day expenses of the HOA. Rules vary by sta... Read More »