Thanks everyone for trying to help. I'll give a bit more detail. When a resident purchases a property in the community, the management company charges fees to the title company (Which is passed onto the buyer) for such documents as: Previous months of board meeting minutes ($60.00), rules on...
What's happening is our management company is charging all new arriving residents $325.00. What's happening is I'm trying to find out if this is a legit/legal fee that has a purpose or it's a money-grab by the management company on unsuspecting new homeowners.
Good Morning,
Actually, the management company charges $325.00 for this letter to any and all new arrivals to the community so it wouldn't be anything regarding owing the HOA any outstanding balances. I can't see where this would be necessary then unless it's just a money grab for the...
I understand the concept of a Payoff Demand Letter but my management company charges a fee for this when someone moves into the community. Why is the management company involved at all if this is all between the individual and the lender? Where does the management company come in?
Thanks,
Jim
Is there any way around Third Party Liability? My son was in an accident (fractured femur) where the other party was at fault. Now my insurance carrier is sending me letters stating that any monies that I claim and collect from the other persons insurance for medical costs are theirs. Aren't my...