Question:
My HOA recently administered a $100 fee per year to the owners of any condo units being rented. There was a change to the Master Deed seven years ago stating that the board could do this, though it has not been initiated until now. In addition, a notice had not been sent out informing condo owners of this.
There has been plenty of discussion amongst owners regarding initiation of this fee, even though it is in the Master Deed. After quickly researching, it seems that law in Michigan does not govern HOAs. Further, it seems this sort of action is legal in some states, and illegal in others. Does anyone know of or have any information about associations implementing a yearly fee to condo owners renting their properties?
The HOA stated the reason for the fee is due to the additional cost of renters contacting the association. Shouldn’t this be covered by our condo association dues? Anyone with advice on this, or where I may gather additional information, would be great.
Answers (11)
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