Mandatory Fee Disclosure (HOA)

Mandatory Fee Disclosure (HOA)

The BLC Rules define a “Mandatory Fee” as follows: 

 

Mandatory Fee Definition 

a. Any fee that is required by this property, typically association dues. 

 

Mandatory Fee Application 

a. Any association that requires a mandatory fee should have conveyance documents that should be attached to the deed. Contact the title company if unsure. 

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