Additional 10% Fee Not in HOA Management Contract

Question:

Our current HOA management company is charging an additional 10% maintenance fee for services to our community. The maintenance fee they are charging IS NOT in our contract. What are my steps to remedy this situation?

Thank you,

– Larry

 

Answer:

Hi Larry,

First, make sure to review your management contract thoroughly. Check for any hidden fees and clauses that allow the company to charge an extra fee outside of the stipulated fees. If you don’t find anything in your contract that says so, point this out to your management company. Let them know that they can’t charge the additional fee because it’s not in the contract. Communication is typically the first step in solving problems like this, so make sure to talk to your manager about this.

 

Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.

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