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Last year, Texas passed House Bill 614, which requires HOAs to be more transparent about fees charged to homeowners. The new law went into effect on Jan. 1, 2024. The new law went into effect on ...
A homeowner association [or homeowners' association (HOA), sometimes referred to as a property owners' association (POA), common interest development (CID), or homeowner community], is a private, legally-incorporated organization that governs a housing community and sets rules for its residents. They are found principally in the United States ...
When it comes to homeowners association (HOA) fees, for example, it can be difficult to figure out which scenario may allow you to deduct these from your taxes. ... For example, if your home ...
HOA fees can be a lot. If you're a homeowner, you may not feel like the price you're paying is justified -- and it could also be eating into your budget. I'm a Real Estate Agent: Buy Real Estate in...
Private transfer fee. A private transfer fee covenant [1] is a legal instrument that is filed in the real property records, which imposes an assessment payable in connection with a series of future transfers of title to certain real property. The assessment [2] can be for a fixed amount or a percentage of the sales price, and typically runs for ...
The number of days and the amount of the option fee, like sales price and earnest money, are among those features negotiated between a seller and potential buyer in the sale contract; in Texas, option fees typically range from $100 to $200, while earnest money ranges from one to several thousand dollars. [citation needed]
Condo inventory has risen as much as 81% in parts of Florida and Texas, Redfin found. High HOA fees and rising insurance costs are an issue for buyers.
Most states have a mix; for example, allowing home rule for municipalities with a minimum number of residents. The National League of Cities identifies 31 Dillon's Rule states, 10 home rule states, 8 states that apply Dillon's Rule only to certain municipalities, and one state (Florida) that applies home rule to everything except taxation. [ 2 ]