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Can an HOA increase my dues based on delinquent accounts of others?
Wiki User
∙ 10y ago
In a word, yes.
Assessments are the only income for an association, so that it can pay its bills that include insurance, utilities, and operational expenses.
When owners don't pay their assessments, other owners become responsible for paying the expenses of the community.
Wiki User
∙ 10y ago
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If you paid off three out of four of your credit card accounts how many points will this raise your credit score?
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