21/10/2023
Beware how your HOA cheats, lies, deceives circumvents and violates the Bylaws and other Agreements.
Let's assume that your Bylaws provide for maximum annual increases of only 15%. Six months into the year, your HOA comes to you saying they are short and need to increase the dues, but they will not exceed the maximum 15% allowed.
You gave in because after all the HOA wants your money, and they claim the money is needed (probably because of mis-management) and they raise your dues another 15%, the maxium allowed. Well, you are now paying a 30% increase.
For other increases and other rates all you need to do is divide the rate of increase by the number of months left to run, then multiply by 12. And that is the rate you will be paying for those remaining months.
So for instance let's assume the rate increase is 10%, divide that by the number of months left in the fiscal year, then multiply by 12 and add it to the base rate of the previous increase. This is outrageous and must be STOPPED!!!
(10 / 4 * 12) + 10 = annualized rate you will be paying ... If you need help with this, you can contact me! Don't trust them!
Please sign the petition:
HOA Reform for Florida!
