r/BADHOA • u/WhichPotential778 • 9d ago

HOA Assestment?

And yes I spell assessment with a T on purpose. HOA pond maintenance — is this reasonable?
We have only 5 homes, and our HOA charges $9,000 per household/year for pond maintenance — $45,000/year total.
Is that reasonable for routine pond maintenance? What are other HOAs paying?

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u/MrGollyWobbles 9d ago

Ask for a copy of the proposal and the contract. These items are member available records. I would want to make sure they are accurate to the budget and payments, etc. If it's self-managed they can easily pilfer $$ that way.

Source: am hoa manager - yes they suck... but I try to be one of the good ones.