Just received a bill from the HOA, but I haven't even built a house yet its just dirt!
2007-12-13 06:47:09 · 6 answers · asked by icedt 2 in Business & Finance ➔ Renting & Real Estate
Short answer is yes. Long answer is read your covenants and find the answer is yes.
Unfortunately the answer is yes.
2007-12-13 06:51:52 · answer #1 · answered by Anonymous · 1⤊ 0⤋
If the CC&R's (Covenants, Conditions, & Restrictions) are recorded against your property, then yes. The HOA records these as a right to levy. Which means a right to collect. HOA doesn't just insure the four walls of your house, they keep up common areas and pools and streets and things like that.
2007-12-13 14:55:36 · answer #2 · answered by Gina T 2 · 0⤊ 0⤋
Yes, you probably have to pay it, house or not. Read the covenants and agreements you signed at the time of purchase. I suspect you will find that you owe HOA dues from the day you took ownership.
2007-12-13 15:02:52 · answer #3 · answered by acermill 7 · 0⤊ 0⤋
The fee is generally billed by the lot. The money is used to pay for landscaping and occasionally road repairs--things you do benefit from.
2007-12-13 14:54:05 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Yes, you have to pay. The fee is in essence pro rated among all property owners whether you have actually built or not.
2007-12-13 14:53:02 · answer #5 · answered by jwishz 7 · 0⤊ 0⤋
Read your CC&R's, but generally yes you have to pay. Some allow a reduced rate if their is no home constructed yet, but you will still have to pay some dues.
2007-12-13 20:17:41 · answer #6 · answered by godged 7 · 0⤊ 0⤋