Question:
Hi my name is Claudia I have lived in my neighborhood for almost 10 years with no problems until recently they are sending violations that either don’t apply to me and yet still on my record and another that will not be explained. It seems odd due to the board cancelling the public meeting and the board making a private decision of increasing our rates over 50% and in the HOA agreement it is only suppose to go up 5%. They want us to pay it by sept 1 and then at the beginning of the year. The claim they have 2 lawsuits against them for not paying the services. I need this place to be investigated it is crazy that they want to increase as a whole a quarter of a million dollars, I want to know where each penny is going, there is a huge mismanagement of money. The HOA is the Lakeside Estates Master Community Association Inc. -AMG Management
Thanks for your Time,
– Claudia
Answer:
Hi Claudia,
Kindly consult your governing documents to see the guidelines and limitations for imposing special assessments or raising monthly dues in the association. The HOA must follow the procedures and rules outlined in the governing documents, including whether the increase should be capped at 5%. You may also request the HOA’s financial records to verify where the HOA is spending its funds. Homeowners are entitled to inspect records according to the Florida Homeowners’ Association Act Section 720.303(5).
For further guidance, kindly consult a lawyer.
Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.
