---
title: Condo association wants 3% fee increase due to new reserve laws
description: My condo association trustees are citing a 3% across-the-board increase in condo fees for my building was necessary to meet new condo reserve laws.
---

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# Condo association wants 3% fee increase due to new reserve laws

| [Budgets & Finance](https://www.condoassociation.com/blog/topic/budgets-finance) |   [Condo Reserves](https://www.condoassociation.com/blog/topic/condo-reserves) |  

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## What do you think? Question:

My [condo association](https://www.condoassociation.com/CondoAssociation/tabid/83434/Default.aspx) trustees are citing a 3% across-the-board increase in [condo fees](https://www.condoassociation.com/blog/tabid/19257/Default.aspx?Tag=Condo%20Fees) for my building was necessary to meet new United States Department of Housing and Urban Development (HUD) insurance and minimum capital reserve funding requirements. I have not been able to find much additional detail on this law. Can anyone shed some light on this or confirm the rationale? Thanks, Rob

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## What do you think? Answers (12)

#### What are your thoughts on this topic?

***Comments and postings are not legal advice**, but are the opinions of our readers. This forum and its contents are being monitored. Please be respectful of each other. *  
  

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