Just Dues

One of the unavoidable realities of being an owner at a condominium association is the obligation to pay membership dues. Typically, a condominium’s board of directors will levy an annual assessment based on a budget that has been ratified by the association’s members. The annual expenses will then be assessed to owners and divided according to each unit’s percentage of “common expense liability” or “allocated interests.” Such dues are usually payable on a monthly basis.     Read the article………….


Related Articles

An HOA Board’s Fiduciary Duty: The Key to Avoid Conflicts of Interest

In homeowner’s associations, you and every board member are considered a fiduciary and are duty bound to act in the best interests of all residents, not your own best interests.

Keeping Building Residents Informed… Especially When It’s Bad News

You know when you’re on the subway and the train stops in the tunnel and ten minutes later steam starts

How an HOA Board Can Fly Through a Fowl Situation in Your Association

Does your homeowners association have wildlife that has taken up residency in your community, specifically birds? Birds are beautiful, graceful