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Lou Molnar
"Broker/Owner"
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I can help you with every aspect of buying or selling your home because I’m experienced, because I’m professional . . .and because I care.
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Lou Molnar answered:
It is difficult to give you a good answer without more details. Be sure you are talking about CDD and not HOA. The buyers should had a copy of the CDD/HOA rules at and really before closing. Many CDD?HOA specs leave the developer or builder in charge of the CDD Board until a certain number of homes are sold. Therefore; the CDD/HOA Board can do what they wish. If the determined number of homes have been sold and the responsibility passed to a homeowner Board, they are the ones who can raise the fees. Finally, your friend MUST read a copy of yjr CDD/HOA rules to determine how long they are bound to pay the fees and under what conditions the fees can be raised.
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