Are our raised dues legal?

Started by DonnaB1 • 2 replies • 1460 views

💬 Join us to post & get advice from 50,000 HOA & Condo leaders.

⚡ Takes 30 seconds

Already a member? Log in

DonnaB1 (Missouri)
Posts: 17

Posted:

Our Hoa was started in 1981 with dues of $50.00 a year. In May of 2000, all members voted unanimously to raise the dues to $75.00.
The raise was not put in as an amendment to the By-Laws.
But we all (15 lot owners) paid the $75.00 for the upkeep of our road
Now we have a homeowner is has not paid their dues since 2003.
Can we legally bill them for 3 years at $75.00=$225.00
Or must we go by what the Bylaw said from 1981 $50.00=$150.00?
I am in Missouri
Thank you for the great site—I have learned so much from all of you.
Donnab

RogerB (Colorado)
Posts: 5,067

Posted:

Donna, charge them $225 plus late charges and interest as applicable. Assessments should be approved each year at the annual meeting as part of the annual budget. They normally would not be in the By-laws as it would require amending the By-laws every time the assessment is changed.

DonnaB1 (Missouri)
Posts: 17

Posted:

Roger, Thank you so very much--I hope the elfs give you a great Christmas!!!!
I went everywhere, even the CourtHouse to get a reply
and no one knew what to do!! I do belive we are way behind in Missouri (g)
Thank you again

🎯 You've read this entire discussion

Join the conversation with 50,000 HOA & Condo Leaders:

✓ Ask follow-up questions
✓ Share your experience
✓ Get expert advice
✓ Access 350,000 discussions

Create Free Account →

⚡ Takes 30 seconds

Already a member? Log in here