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

ResultSeeker Offline

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#1

12-26-2024, 10:55 AM

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

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ReasonedDiscussionGilbert Offline

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#2

12-27-2024, 03:54 PM

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.

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