Going vertical: don’t forget about those pesky HOA fees!

For many Arizona homeowners, fees related to a homeowners’ association (HOA) are inevitable. Most homeowners dutifully hand over fees to their HOA when required, accepting that the fees necessarily come with owning a home in a planned community or condominium. In turn, the HOA maintains and improves roadways, common areas, and other features of the community. Homeowners and their lenders may not know, however, that failing to pay HOA fees can cause disproportionate losses for both. In fact, under Arizona law, both homeowners and lenders can lose their entire interest in a home if HOA fees are not promptly paid.   Read the article………….


Related Articles

Legal Fireworks in Arizona: A Quick Guide

Hide your dogs (and have a safety talk with your kids) the summer fireworks season is here. From May 20

A Board Code of Conduct – Good Idea or Bad Idea?

I am often asked whether a board member code of conduct is a good idea or a bad idea. It

Governance Guidelines

There are basic expectations that apply to virtually any common-interest community. With this in mind, the Center for Community Association