A question as to the legality of “move in-move out” fees is commonly asked of me. These fees are different than a security deposit commonly required of a tenant in a landlord-tenant situation. But they are commonly confused. A “move in-move out” fee would be nonrefundable. A security deposit is held during the term of tenancy and at the [...]
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HOAs and Condo boards have tough choices when a special assessment is needed. Sometimes they involve owners in the decision, and sometimes they don’t. Here is a question from a reader: “Homeowners have asked the HOA and Board to structure the proposed Special Assessment in a way that is financially feasible for homeowners. Instead of [...]
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Tags: assessments, CHARGES, Condo, Condo association, CONDO FINANCES, Condo Owner rights, HOA, HOA FINANCES, HOA law, homeowner, owner rights, special assessments