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

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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

ViewpointSharer Offline

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12-26-2024, 07:44 PM

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.

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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 - by ExperienceSharer - 12-20-2024, 08:43 AM

Re: If my CC&Rs restrict increases to the 'Maximum Annual Assessment' by 10% yearly, can my actual dues go up by more th - by ViewpointSharer - 12-26-2024, 07:44 PM

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