Home HOA FAQ's Do I have to pay my annual general assessment?
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Do I have to pay my annual general assessment? |
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In a word, yes. When you took title to your unit (property), you obligated yourself contractually to pay your annual general assessment (HOA dues) to the Association. Look at it in this light. You depend upon your employer to pay you, so you can meet your financial obligations. Likewise, the Association depends upon the HOA members to pay the annual general assessment, so the Association can meet its financial obligations for such things as the maintenance of the common areas, landscaping, clubhouse; water, gas and electricity for the clubhouse and pool; and expenses for operating the Association (e.g. office supplies, phone, etc.). Take a moment to look at the neighborhoods nearby that do not have an HOA and compare them to your own. They have no dues, no rules, no pride in their community. Your property values are generally much improved simply by virtue of belonging to a covenant, swim and tennis community whether or not you swim or play tennis. Let's pull together to make this the best covenant community in Clayton County. When one person fails to pull his fair share of the load the rest suffer. It is always your right to move to a non-covenant controlled community if you feel you made a mistake in buying property within an HOA. However, as long as you own property at Greystone you are legally bound to uphold your obligations to the HOA. Greystone was built from the beginning with an HOA, nothing has changed; and all households are legally bound to uphold the covenant and meet their obligations to their neighbors as outlined in our covenant and by-laws.
See: Rights and Responsibilities in a Community Association
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