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You are exactly right, but I will add those fines eventually DO get paid. The HOA bill keeps increasing until it could be tens of thousands of dollars. When t
by ghostbrainalpha 9y ago
You are exactly right, but I will add those fines eventually DO get paid.
The HOA bill keeps increasing until it could be tens of thousands of dollars. When the landlord eventually sells the property the HOA is then able to get payment from the new buyer before the former owner receives the funds.
Since legal action is so expensive, this is almost always how the HOA eventually gets their money. Of course if the bill goes over 30k, then it might be worth their time to go through litigation to get their money.