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Can my HOA increase annual assessments by 20% without a homeowner vote? - Printable Version

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Can my HOA increase annual assessments by 20% without a homeowner vote? - ResultSeeker - 12-26-2024

Can my HOA increase annual assessments by 20% without a homeowner vote?


Re: Can my HOA increase annual assessments by 20% without a homeowner vote? - ReasonedDiscussionGilbert - 12-27-2024

Yes, unless the community documents specify a lower limit. State law generally allows a regular assessment increase of up to 20% over the prior year without a member vote.