QUESTION 7: HOW DOES THE COMMUNITY PAY
ITS BILLS AND CONTRACTORS WHEN IT'S UNDER
DEVELOPER CONTROL?
ANSWER: Typically, the developer will subsidize or deficit-fund the association
until there are homeowners paying sufficient assessments to cover expenses.
The association, whether funded by developer subsidy or owner assessments,
pays contractors and other fees. The developer board collectively decides on all
such transactions.
QUESTION 8: HOW CAN HOMEOWNERS
ADVOCATE FOR THE ASSOCIATION?
ANSWER: Even under developer control, there are ways for homeowners to make
an impact on the future of their community. Present concerns, questions, and
ideas to the developer board either in writing or in person. Attend board meetings,
contact board members for updates, and reach out to the community manager.
Also, educate yourself on the governing documents, read the community
newsletter, and visit the community website, so you're informed on what's
happening in the neighborhood.
