Why do you charge a transfer fee on the sale of a Home/Unit? Aren't these Illegal in NC?
We do not charge a "Transfer Fee". We charge a "Processing Fee" to process closing information prior to closing. The parties involved in the real estate transaction will decide who pays this processing fee. However, the "Requesting Party" is responsible for this fee and must acknowledge our "Agreement Authorization Request" before the order will be processed. Payment of the fee is not contingent upon closing or settlement and is due no later than 90 days after the requested information is delivered. We offer several different packages for obtaining closing information prior to closing. These packages run anywhere between $65-$400 depending on how much information you order and how quickly you want to obtain that information.
As part of this process, some Associations may require a "Working Capital Contribution" at the time of sale of the property. Neither of these are deemed Transfer Fees under state laws.
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How do I contact my board members?
After logging into your associations website, go to community information menu at the top of the page, Choose Directory, You will then click the drop down menu and choose board members. The board members for your community will be listed. You may ...
Can a homeowner have a garage sale?
In a single family style community, there may be restrictions about placing signage, but you are able to have a garage sale. For Condominiums and Townhomes, please check the Rules and Regulations for your Community, or contact a member of the Board ...
I'm a closing agent, Mortgage company or Realtor and I need to order documents for a potential home closing. Where can I obtain these?
This information can only be ordered through our website at www.CommunityAssociationManagement.com by clicking on the "Order Closing Documents" menu item.
Can we get paid for being on the Board of Directors?
State Laws and your governing documents prohibit board members from being paid for their service to the association. This does not preclude board members from being reimbursed for actual expenses related to the HOA.
I received my latest account statement and see I've been charged a late fee, why? Also, what gives you the right to charge me a late fee?
Assessments payments are due on the 1st of the month and considered late if not received in our office by the late date determined by your association and indicated on your statement. (The 10th, 15th or 30th of the month). Payments must be received ...