Utah Condos and Townhouses

HOA Fees

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HOA Fees

Postby Adam K » Wed Jun 30, 2010 2:16 am

Why do condos have HOA fees?
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Re: HOA Fees

Postby utahsearch » Tue Aug 02, 2011 2:26 am

Condominium Home Owner Association (HOA) fees can cover a range of services and facilities upkeep for the properties belonging to the HOA. For example, services might include snow removal, lawn maintenance, street lights, care of parks, exterior building maintenance, insurance, etc. Facilities upkeep might include pool maintenance, clubhouse maintenance, recreation center maintenance, tennis courts, sports fields, gardens, etc. Homeowners within the HOA may sit on the board to direct how HOA funds are spent and to plan and organize events, activities, and other concerns for the HOA. Board members are usually voted upon by home or condos owners. Prospective condominium buyers should review HOA minutes, budget, assessments, by-laws and other documents before becoming new condo owners within an HOA.
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