GloriaB5 (North Carolina)
Posts: 1
Posts: 1
Posted:
WHAT ARE THE GUIDELINES FOR WAIVING ASSOCIATION DUES?
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WAVING OF ASSOCIATION DUES
Started by GloriaB5 • 4 replies • 1487 views
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MaryA1 (Arizona)
Posts: 7,043
Posts: 7,043
Posted:
Gloria,
I doubt you'll find any. In fact I wouldn't be afraid to bet that your CCRs are explicit in saying that every member is required to pay assn dues. The assn dues are the life blood of the assn; everyone must pay their share -- PERIOD!!
I doubt you'll find any. In fact I wouldn't be afraid to bet that your CCRs are explicit in saying that every member is required to pay assn dues. The assn dues are the life blood of the assn; everyone must pay their share -- PERIOD!!
SteveM9 (Massachusetts)
Posts: 3,699
Posts: 3,699
Posted:
I dont think you will find any either. Your docs require everyone to pay dues. Now if you waive someone's dues, 4 years down the road someone else steps in as president or board of directors and notices some dues were waived, which is not allowed, that person could be required to pay back all the waived dues, plus interest and fines.
Why? Because its a legal document which states you must pay your dues. Now there are clever ways to get around this, but the person still has to pay the dues.
Why? Because its a legal document which states you must pay your dues. Now there are clever ways to get around this, but the person still has to pay the dues.
JeanneK3 (Maryland)
Posts: 562
Posts: 562
Posted:
Gloria:
Never waive association dues. It will come back to haunt you.
Jeanne
Never waive association dues. It will come back to haunt you.
Jeanne
SusanW1 (Michigan)
Posts: 5,202
Posts: 5,202
Posted:
More info please . . .
Are you saying someone did domething for the HOA, and for "payment" the dues were waived (bartered out?)
Hardship case?
Stipend for board member service?
Are you saying someone did domething for the HOA, and for "payment" the dues were waived (bartered out?)
Hardship case?
Stipend for board member service?
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