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Can an HOA Board approve a $5,000 assessment without

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home/condo owners approval?...
Can an HOA Board approve a $5,000 assessment without home/condo owners approval?
Submitted: 1 year ago.Category: Real Estate Law
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7/7/2016
Real Estate Lawyer: KimberlyLaw, Attorney and Real Estate Broker replied 1 year ago
KimberlyLaw
KimberlyLaw, Attorney and Real Estate Broker
Category: Real Estate Law
Satisfied Customers: 4,219
Experience: 13 years of experience in real estate law: Foreclosures, Landlord-Tenant, Condo/Coop, Property Law, Deeds, Purchases/Sales, Estates.
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Hello, I am happy to assist you today.

Yes, as long as the HOA rules and by laws state that they can vote on assessments without a vote of the home owners, they can do so. You should verify that, and if it's not in there, then they do need to include all owners on the vote.

It is typical that the board would vote on something like this alone.

Please let me know if you have any questions about this.

Thanks

Kim

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KimberlyLaw
KimberlyLaw
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