What Is a Parcel Fee Assessment in an HOA?

Question:

What does ” parcel fee assessment mean

– Jeanne

 

Answer:

Hi Jeanne,

An assessment or HOA fee is the regular payment a homeowner must make to the HOA. Different HOAs may charge other fees, too. A parcel fee assessment may be unique to your HOA. Check your governing documents, particularly your CC&Rs, to understand what a parcel fee assessment means. You may also want to ask your HOA board for more information.

 

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

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