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Understanding HOA and Condominium Assessments: Where Do Your Dues Go? As a homeowner in a managed community, whether it's a homeowners association (HOA) or a condominium association, you’re likely familiar with the monthly or annual assessments you’re required to pay. But have you ever wondered how your dues are calculated or where that money goes? In this blog, we’ll break down the budgeting process for HOAs and condominiums, highlight how assessments are determined, and explain how your dues contribute to the smooth operation and long-term success of your community.

The Importance of Reserve Studies and Financial Planning for HOAs and Condominiums   Managing a homeowners association (HOA) or condominium association goes far beyond maintaining common areas or enforcing rules. One of the most critical aspects of effective association management is ensuring the community’s long-term financial health. This requires strategic financial planning and regular reserve...