NpB (Arizona)
Posts: 605
Posts: 605
Posted:
The CC&Rs of the HOA I am a member state
"Each Lot of which Declarant is not the Owner shall be subject to an assessment for, and each Owner other than the Declarant agrees to pay a proportionate share of the expenses of the administration and operation of Property, including by way of illustration, but not of limitation, real property taxes and assessments levied against the Common Areas, premiums for insurance for the Common Areas, the cost of maintenance and repair of the Common Areas, those portions of Lots maintained by the Association and the appurtenances thereto, reasonable reserves for contingencies, replacements or other proper purposes, all as determined by the Board."
I interpret this fancy long paragraph to state that assessments can only be used for items associated with the Common Areas and Lots maintained by the Association.
If the HOA held a pizza party in the common area and invited all owners, is this a proper use of HOA assessments? I contend it is not because it does not qualify as a common area expense.
"Each Lot of which Declarant is not the Owner shall be subject to an assessment for, and each Owner other than the Declarant agrees to pay a proportionate share of the expenses of the administration and operation of Property, including by way of illustration, but not of limitation, real property taxes and assessments levied against the Common Areas, premiums for insurance for the Common Areas, the cost of maintenance and repair of the Common Areas, those portions of Lots maintained by the Association and the appurtenances thereto, reasonable reserves for contingencies, replacements or other proper purposes, all as determined by the Board."
I interpret this fancy long paragraph to state that assessments can only be used for items associated with the Common Areas and Lots maintained by the Association.
If the HOA held a pizza party in the common area and invited all owners, is this a proper use of HOA assessments? I contend it is not because it does not qualify as a common area expense.