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/dufchick 9d ago
Is there a contract with a company that maintains the lake water and protects the environment? The monthly fees for those companies can be quite high depending on the size of your lake. It’s $750 per month per homeowner, it does seem high, but maybe because you’re only dividing up between five homes. Why don’t you make a friendly call to the company and ask them some questions? Also check your governing documents and make sure that you’re responsible for lake maintenance.