MikeR24 (Florida)
Posts: 8
Posts: 8
Posted:
What is the maximum a hoa monthly fee be increased ?
We have a corporation attempting to buy our shareholder owned park in Florida. Shareholder owned our hoa is $225 per month. They say first year monthly will be $800. But how much can they legally increase in following years, if they “own” the park. They are attempting to buy our share, but will allow to stay, owning our mobile.
We have a corporation attempting to buy our shareholder owned park in Florida. Shareholder owned our hoa is $225 per month. They say first year monthly will be $800. But how much can they legally increase in following years, if they “own” the park. They are attempting to buy our share, but will allow to stay, owning our mobile.