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Does developer pay HOA fees on unsold units?

| Condo Developer Issues |  


Question:

Does the developer/builder have to pay HOA fees on the 1 remaining unit not sold in a townhouse complex of 5? And if so, when does he have to start paying those fees? Also, the first 3 units sold within weeks of each other, would the developer have to pay for the 4th and 5th HOA fees until they are sold?


Answers (4)

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