Question:
We don’t have dues increases in our HOA documents. Who votes for a dues increase? Just the Board of Directors or resident members as well?
– Martin
Answer:
Hi Martin,
In Florida, the authority to increase HOA dues is primarily determined by your association’s governing documents, such as the Covenants, Conditions, and Restrictions (CC&Rs) and bylaws. Typically, the HOA board has the power to approve dues increases without a direct vote from the resident members.
Florida law does not impose a cap on how much an HOA can raise dues annually. However, your governing documents may specify limitations or require member approval for increases beyond a certain threshold. It’s essential to review these documents to understand any specific provisions related to dues increases.
Additionally, while the board may have the authority to raise dues, they are generally required to provide proper notice to homeowners before implementing such changes. Engaging with the board during budget meetings can offer insights into the financial decisions affecting dues and provide an opportunity for members to voice concerns or seek clarifications.
Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.
