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Resident's Guide to Community Association Fees

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2 ABOUT COMMUNITY ASSOCIATION FEES According to the Foundation for Community Association Research, more than 78 million residents live in a community association. When those residents move in, they agree to follow rules and pay required fees. From initiation fees at move-in to dues, special assessments, fines, and more, any payment from homeowners helps fund the community association lifestyle and maintain operations. The specific fees homeowners are billed for and the amounts they contribute vary from community to community. Read on to learn about the most common types of HOA fees and why they exist. 2 3 4 5 6 7 8 9

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