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Home / Covid19 Coverage / Real Estate Law: Initiation fees may be doorway to needed revenue for HOAs during pandemic

Real Estate Law: Initiation fees may be doorway to needed revenue for HOAs during pandemic

No homeowner likes to learn that their homeowners’ association (“HOA”) dues are being raised, especially during a global pandemic when finances are tight. The reality, though, is that maintaining an HOA is expensive, and the expenses do not decrease or slow down even when the rest of the world appears to. Given the current economy, ...

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