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HOA getting forced into special assessment for capital project


Question:

We have more than 230 units in our HOA development, and the board wants to replace all the patio fences, as they are more than 35 years old and some are in need of replacement. Not all, but some. And eventually, all will need to be replaced. The board is calling for a special assessment of $6,000 and has vowed that if it is rejected, the dues will go up 20 percent to help fund the project. There is great resistance to the assessment, in large part because of our economic climate. We feel we have no choice -- that the board wants these fences replaced. But do we have a choice? If we vote down the assessment and the dues are raised, can we still vote to not replace all 230-plus fences?


Answers (14)

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