Question:
the board recently revised the CCR for dues – changed the late fee structure from 30 days to immediate with a start date of next month.
In looking at the financials, see no reason for this to occur as the Accts Rec is lower on percentage basis than in prior years.
– Michael
Answer:
Hi Michael,
Check your governing documents, particularly your CC&Rs, to understand the process and requirements for amending the CC&Rs. Typically, an HOA board needs to seek approval from the membership to make amendments. However, that can vary depending on the association.
If you’re unsatisfied, it is best to take your concern to the HOA board at the next meeting. Ask the board why a change in dues is necessary.
Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.
