RealManage Insight

HOA Dues and Inflation: How High Up?

HOA Dues and Inflation: How High Up?

HOA | Condo Planning and Projects, HOA | Condo Homeowner Responsibilities & Education, HOA | Condo Financial

Homeowners' associations are non-profit organizations that charge recurring monthly dues to their members. These fees help to preserve community amenities and shared spaces including clubhouses, swimming pools, play areas, landscaping, pathways, and streets in good working order.

Management fees, insurance payments, maintenance services, common-area utilities, repairs, and replacements are all part of a normal homeowner's association budget.
Inflation is one of the financial issues that homeowners' associations (HOAs) face. This article will examine how inflation affects HOA assessments and reserves.

By Carolyn Thacker on Apr 26, 2022 9:30:00 AM
   
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