Prorated Assessment Allocation

Question:

Hello,
If we need to assess the homeowners for clubhouse and road and driveway repairs, can this be prorated based on length of ownership? It seems to be a fairer process someone who has enjoyed the community for 10 years vs someone who just purchased a home here.

Thanks

– Michelle

 

Answer:

Hi Michelle,

It may depend on the community’s governing documents. Kindly review them to verify how HOA dues and special assessments must be allocated as there is usually a calculation for allocation. It may also help to speak with an HOA attorney to ensure the allocation is fair and to avoid liability.

 

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

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