Is there any limit on what an owner has to pay to the association?
Not so long as the dues, charges and/or assessments are lawfully imposed in accordance with procedures established by the restrictive covenants. Sometimes, when assessments are for substantial undertakings (road maintenance, utility services, building maintenance, etc.) they can be costly; therefore, prospective purchasers should consider the amount of any current or pending dues, charges and assessments and the financial health of the association when determining whether they can afford the property. If an existing owner believes an association has improperly imposed a charge of some kind, only a court can determine whether it is lawful.
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What happens if an owner (or the developer) fails to pay funds claimed by the association including assessments, fines, fees or other charges?
The association must use the rights granted in the restrictive covenants to collect them. In developments subject to the Planned Community Act, liens and foreclosures of the owner's property are permitted. Additionally homeowners may be reported to ...
Do I have to pay Association dues?
If your association is voluntary (most aren't), then any payments necessary to maintain membership are also voluntary. However, if membership in the association is mandatory (become a member by purchasing your home), you must pay all lawful ...
What is the developer's role in a mandatory association? Must it pay dues, charges and assessments?
Under North Carolina law, the developer of any real estate project is the owner of all unsold lots or units in the project. As long as the developer owns a majority of them, it controls the votes and therefore the association itself. The developer ...
Can I pay my Association fees online?
Yes. You may pay your association fees through your associations website by eCheck or Credit Card. To pay online, you must first register for the website. Once registered, you will receive a link to set your password by email. After you create your ...
What can I as an owner do if the association is not performing its duties or if other owners violate restrictive covenants or bylaws?
Your remedy is to sue the association and/or the offending property owners in court for an order compelling them to abide by all lawful covenants and bylaws. But remember, these are private rights of action that you must assert on your own. No ...