Spectrum Association Management Logo Spectrum Association Management Logo
es
en
  • MY ACCOUNT
  • PAY YOUR BILL
  • VIOLATIONS
  • ACCESS & AMENITIES
  • PROPERTY IMPROVEMENT
  • BUYING / SELLING HOME
  • REPORT COMMON AREA ISSUE
  • HOMEOWNERS
  • BOARD MEMBERS
  • HOME BUYERS
  • REAL ESTATE PROFESSIONALS
  • VENDORS
  • HOA NEWS
  • REQUEST A BID
  • CAREERS
  •  

What are HOA dues used for

Home/What are HOA dues used for
What are HOA dues used forSkyler Nelson2020-08-11T10:44:04-05:00
  • Pay Assessments
  • How to Get a Payment Plan
  • Dispute a Charge
  • Understanding Your Bill
  • What are HOA Dues?
  • Pay Assessments
  • How to Get a Payment Plan
  • Dispute a Charge
  • Understanding Your Bill
  • What are HOA Dues?

Your Dues Pay For All This!
Click for details

Ongoing Maintenance

Ongoing maintenance and repairs to common areas, equipment, systems, and shared amenities. Depending on your community, this may include:

  • Lawn care and landscaping
  • Water, plumbing, and sewage systems
  • A/C and heating systems in a clubhouse or pavilion
  • Lighting throughout the community
  • Trash removal
  • Security system and gates
  • Elevator system
  • Cleaning, painting, and upkeep of exteriors and common areas
  • Pest control
  • Maintenance of shared amenities, such as pool, fitness equipment, clubhouse, playground, walking trail, basketball court, tennis court, etc.
Close

The Novel of HOA Dues

Once upon a time you bought your home in an HOA or community association, you became part of a common interest development. As a result, you are required to share the costs of maintaining and operating your community’s common areas, equipment, and shared amenities; an inviting appearance goes a long way toward enhancing property values. These services are covered by your homeowners association fees, which each owner must pay. Payments are due monthly, annually, semi-annually, or quarterly, depending on your community.

HOA assessments (also known as “maintenance fees” or “dues”) are set by the Board of Directors, who determine each owner’s share based on projected annual expenses. Each year, the Board of Directors discusses the budget of the association based on the last few years’ spending trends, funding of the reserve or savings account, and planned projects for the upcoming year. Board members do not profit from HOA fees; they are homeowners just like you, and are obligated to pay assessments same as all owners.

You know you must pay an assessment, but do you know what this money is used for? Each association has its own unique rules and policies, so it is important that you read your community’s Covenants, Conditions and Restrictions (CC&Rs) and Bylaws to find out the specifics.

You can locate the budget under the Community Info section of your online account, or request a copy from your Community Manager by emailing [email protected].

Your Dues Pay For All This!
Click for details

Ongoing Maintenance

Ongoing maintenance and repairs to common areas, equipment, systems, and shared amenities. Depending on your community, this may include:

  • Lawn care and landscaping
  • Water, plumbing, and sewage systems
  • A/C and heating systems in a clubhouse or pavilion
  • Lighting throughout the community
  • Trash removal
  • Security system and gates
  • Elevator system
  • Cleaning, painting, and upkeep of exteriors and common areas
  • Pest control
  • Maintenance of shared amenities, such as pool, fitness equipment, clubhouse, playground, walking trail, basketball court, tennis court, etc.
Close

The Novel of HOA Dues

Once upon a time you bought your home in an HOA or community association, you became part of a common interest development. As a result, you are required to share the costs of maintaining and operating your community’s common areas, equipment, and shared amenities; an inviting appearance goes a long way toward enhancing property values. These services are covered by your homeowners association fees, which each owner must pay. Payments are due monthly, annually, semi-annually, or quarterly, depending on your community.

HOA assessments (also known as “maintenance fees” or “dues”) are set by the Board of Directors, who determine each owner’s share based on projected annual expenses. Each year, the Board of Directors discusses the budget of the association based on the last few years’ spending trends, funding of the reserve or savings account, and planned projects for the upcoming year. Board members do not profit from HOA fees; they are homeowners just like you, and are obligated to pay assessments same as all owners.

You know you must pay an assessment, but do you know what this money is used for? Each association has its own unique rules and policies, so it is important that you read your community’s Covenants, Conditions and Restrictions (CC&Rs) and Bylaws to find out the specifics.

You can locate the budget under the Community Info section of your online account, or request a copy from your Community Manager by emailing [email protected].

© 2020 Spectrum Association Management, Inc. All Rights Reserved | Privacy Policy | Terms and Conditions
Download the Spectrum HOA App for the best service experience and to keep in touch with your association. Download the App
+ +
+
Connect with your HOA on your phone!
download the app