You must make sure your HOA is covered in each of these areas for the next year. A homeowners association has a responsibility to maintain and repair all common areas within the community. Maintenance and repair services don’t come free. The board needs to get that money from somewhere.

Can you fight a special assessment?

Owners may dispute a special assessment for many underlying reasons. … Further, the board may be faced with difficult collection actions, lawsuits that cost money and create tension, and may need to delay the very work that the special assessment was intended to cover.

How much should HOA fees increase each year?

HOA fee increases “A reasonable expectation is an increase of 2% to 5% annually in HOA fees.