Condo Association Management Blog

I'd like to suggest that you move on. It is not worth the fight. It could a be simple unintentional error.

If you carefully look at your settlement or HUD-1 statement from Nov 2008, you should figure that the seller paid for those 6 days. HOA dues are no different than any other expense; interest, property tax, insurance, etc that are prorated to the individuals who had ownership at the time. Because that should have been done it will be reasonable for the management company to bill for the whole of Nov 2010.

Agree with both posters actually. The prorated amount should be listed on your settlement information and is 6 days really that much money?

i can't agree with either of you. the assn. or the mgmt. co. should "get it right" as that is what the are getting paid to do. what other shortcuts might they be taking? 
 
 
 
and richard,if all of the expenses are prorated why are you suggesting that it is "reasonable for the mgmt co. to bill the whole of nov."? bill who..... the new owner ? 
 
 
 
besides.... assuming an average assessment, this could be worth $75 to $100, well worth the effort of a stern phone call!

Brian 
 
I would read the post before you comment. The buyer closed in Nov 2008 and is wondering if they should be billed for November 2010 (which is after the two year free HOA dues paid by the seller in this case the builder. Have you seen the HUD-1 to make any comment. The builder is obligated for the first 6 days of Nov 2008. That would show on the HUD-1 as a debit to the seller and a credit to the buyer (the poster). Being the mortgage industry, I have some expertise in the area.

a question for the "poster" above...... what was the last month that the developer paid for? was it through oct 2010 or was it through nov 2010 ?? also, was the six days actually paid by the developer to the assn ?? if so, does the assn. acknowledge that they have the six days of dues from the developer ? 
 
i believe this is a case of simple math which is not being understood by all, myself included. please reply, i am really curious,

thanks for all the input... 
 
at this point, it is more the principle of the matter, not the $$ 
 
 
 
my hud settlement just says 2 years dues paid Nov 6 2008 it says nothing about pro-rate...and we didnt ssk . A statement I received said developer paid throug Oct 2010 10 therefore I owe the full Novemeber... This is where my opinion differs...If I wasnt there for 6 days why do I owe..?  
 
Are there any laws to check this?  
 
This is in Ohio...  
 
 
 
thanks

i think you have two seperate issues. the hud statement is history. i think the question is to find out exactly what period of time the two years of payments cover. the assn. either have or have not been paid for the six days in question. if they have not been paid, then you owe it. if there was an error made on the closing statement it seems to me that the conflict is between you and the seller. and we both know how that will turn out!

hi and thanks again all who commented... 
 
 
 
The problem is solved.. in my favor..!! 
 
 
 
the management co acknowledged that the previous management company should have pro-rated the amount from the date of the settlement , and it was never recoreded properly......... 
 
after a couple of weeks and a few emails its been resolved..it was never really about the money... just the idea that I did not have to pay this if I wasnt in possession!  
 
 
 
thanks all whom posted...