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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.
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