Is the Developer Required to Pay Dues in AZ?

Question:

Hi, In Sedona, AZ is the developer required to pay in the HOA dues for unsold houses, lots not developed?

– Evelyn

 

Answer:

Hi Evelyn,

It depends on your governing documents. Normally, developers use language in the governing documents to exempt them from paying dues on unsold homes. But it ultimately depends on your CC&Rs and bylaws.

 

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

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