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Everything HOA Residents Need to Know About Assessments

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To HOA Residents, Fees Matter Residents living in a community with a residents' association (HOA) appreciate amenities and other benefits, but these features come at a price, paid for by assessments. Those fees are one of the most important factors homebuyers consider before buying into an HOA. Regular payments from residents to their HOA, assessments are often discussed in board meetings and around the community, but rarely understood. At Associa, we have a long history of assisting boards in developing budgets and helping residents comprehend how their financial contributions impact the community. Read on to learn 13 essential points you, as an HOA resident, should know about HOA assessments.

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