AZ HOA Attorney Community
What happens if the HOA mislabels a fee on the closing statement? - Printable Version

+- AZ HOA Attorney Community (https://azhoawatch.org/community)
+-- Forum: HOA Issues & Legal Topics (https://azhoawatch.org/community/forumdisplay.php?fid=5)
+--- Forum: Assessments, Fees & Collections (https://azhoawatch.org/community/forumdisplay.php?fid=9)
+--- Thread: What happens if the HOA mislabels a fee on the closing statement? (/showthread.php?tid=591)



What happens if the HOA mislabels a fee on the closing statement? - SonoranExplorer - 01-04-2024

What happens if the HOA mislabels a fee on the closing statement?


Re: What happens if the HOA mislabels a fee on the closing statement? - CivicResponderVoice - 01-07-2024

Mislabeling a valid fee (e.g., calling a 'working capital fee' a 'transfer fee') does not necessarily constitute a violation of the statutory fee cap if the fee was collected for a legitimate purpose authorized by the CC&Rs.