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If my CC&Rs restrict increases to the 'Maximum Annual Assessment' by 10% yearly, can my actual dues go up by more than 1 - Printable Version

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If my CC&Rs restrict increases to the 'Maximum Annual Assessment' by 10% yearly, can my actual dues go up by more than 1 - ExperienceSharer - 12-20-2024

If my CC&Rs restrict increases to the 'Maximum Annual Assessment' by 10% yearly, can my actual dues go up by more than 10%?


Re: If my CC&Rs restrict increases to the 'Maximum Annual Assessment' by 10% yearly, can my actual dues go up by more th - ViewpointSharer - 12-26-2024

Yes. If the actual dues are significantly below the 'Maximum' ceiling, the Board can raise them more than 10% (up to the statutory 20%) to catch up, provided they don't exceed the Maximum.