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How much are you allowed to raise hoa fees per year What is the percentage?
Wiki User
∙ 10y ago
There is no upper limit, and assessments are rarely reduced.
In some states, qualified lenders must be notified if assessments are raised above a certain percentage -- say, 25% -- in any one year.
Assessments pay for the operation of the community.
Wiki User
∙ 10y ago
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