MaryannC1 (Pennsylvania)
Posts: 30
Posts: 30
Posted:
Are there any rules about setting the fee for resale packages in PA? Can the HOA board set the fee and/or raise it at their discretion? Thanks in advance for your help.
A service of:
Community123.com
Professional websites for HOAs & condos, since 2004
Professional websites for HOAs & condos, since 2004
🎁 1st year FREE for HOATalk members! →
Resale Packages in PA
Started by MaryannC1 • 4 replies • 230 views
💬 Join us to post & get advice from 50,000 HOA & Condo leaders.
Create Free Account →
⚡ Takes 30 seconds
Already a member? Log in
DeanJ
Posts: 1,786
Posts: 1,786
Posted:
Quote:
Posted By MaryannC1 on 10/06/2024 1:15 PM
Are there any rules about setting the fee for resale packages in PA? Can the HOA board set the fee and/or raise it at their discretion? Thanks in advance for your help.
Are there any rules about setting the fee for resale packages in PA? Can the HOA board set the fee and/or raise it at their discretion? Thanks in advance for your help.
All the fees your HOA may charge are in your Association’s declaration. The fees may have caps that must be amended by the homeowners or at the discretion of the board.
Most states do not regulate these fees.
MaryannC1 (Pennsylvania)
Posts: 30
Posts: 30
Posted:
Thank you!
WendyM5 (North Carolina)
Posts: 1,522
Posts: 1,522
Posted:
the Uniform Planned Community Act (UPCA) in Pennsylvania does address fees related to estoppel certificates and other closing documents.
Under 68 Pa.C.S. § 5105, the UPCA specifies that an HOA may charge a fee for providing an estoppel certificate, but this fee must be reasonable. As of my last update, the law allows associations to charge up to $250 for this certificate, but it's important to verify if there have been any recent changes or updates to this amount.
Under 68 Pa.C.S. § 5105, the UPCA specifies that an HOA may charge a fee for providing an estoppel certificate, but this fee must be reasonable. As of my last update, the law allows associations to charge up to $250 for this certificate, but it's important to verify if there have been any recent changes or updates to this amount.
vis ta vie
MaryannC1 (Pennsylvania)
Posts: 30
Posts: 30
Posted:
Quote:
Posted By WendyM5 on 10/07/2024 12:49 PM
the Uniform Planned Community Act (UPCA) in Pennsylvania does address fees related to estoppel certificates and other closing documents.
Under 68 Pa.C.S. § 5105, the UPCA specifies that an HOA may charge a fee for providing an estoppel certificate, but this fee must be reasonable. As of my last update, the law allows associations to charge up to $250 for this certificate, but it's important to verify if there have been any recent changes or updates to this amount.
the Uniform Planned Community Act (UPCA) in Pennsylvania does address fees related to estoppel certificates and other closing documents.
Under 68 Pa.C.S. § 5105, the UPCA specifies that an HOA may charge a fee for providing an estoppel certificate, but this fee must be reasonable. As of my last update, the law allows associations to charge up to $250 for this certificate, but it's important to verify if there have been any recent changes or updates to this amount.
Thank you!
🎯 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