Question:
Is the grantor / developer of a subdivision required to pay dues on unsold lots? Thank you for your response. We are living an HOA nightmare.
Jennifer Tipton (208) 800-2705
– Jennifer
Answer:
Hi Jennifer,
Check your governing documents. Your governing documents should tell you who is responsible for paying dues on unsold lots. Sometimes, a developer will include language in the documents that essentially exempts them from paying dues on incomplete or even unsold lots. However, it can differ from one association to another.
Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.