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T - Z
• Transfer Fee: A transfer fee is a one-time
non-refundable capital contribution paid
to the HOA upon the transfer of a property
within the community, typically paid at
closing.
• Treasurer: The board member who oversees
all things financial, including budgets,
financial reports, expenses, income, and
more.
• Vendor: Contractors hired to handle tasks
related to landscaping, maintenance,
insurance, and other important HOA services.
• Vice President: The board member who
supports the president and acts in their place
if needed.
• Violation: A notice issued by the HOA when
an association member breaks a rule. The
notice includes details about the offense,
how to correct it, information about potential
fees and fines, and a deadline to respond or
fix the issue.
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