Homeowners' Association (HOA) dues are the lifeblood of any community, contributing to its maintenance, improvement, and overall well-being. However, when members fall behind on payments, it can pose challenges for the entire community. National Property Management...
Articles
What Happens to Your Santa Clarita HOA Dues?
If you live in a home governed by an HOA in Santa Clarita, you will have a board that oversees your community or subdivision. Each HOA is responsible for collecting dues from all homeowners to provide financing for group activities, which can include the maintenance...
HOA Late Dues and Partial Payments
One of the most challenging and frustrating parts of an HOA’s operations continues to be collecting delinquent assessments. Once the delinquent file has been forwarded to the collection company or the law firm being used by the HOA, it is the industry practice to...
Are HOA Fees Tax Deductible?
Buying a house or a condominium that is in a large development, a homeowner’s association may take care of the maintenance of common areas as well as street cleaning and other related entities in the development. These services are paid for through a monthly,...