If you have not paid that fee already, I would question what the fee covers. If, as some of the other responders have pointed out, the fees cover several transactional items, then perhaps it is reasonable. However, it does not appear reasonable to me as someone who sees several HOA transactions during a year in the course of business. It is a big red flag to me as an agent representing a buyer or a seller in this particular association. Either the board of directors is allowing the management company to charge the outrageous fees, meaning they are not at the top of their game or the management association is a heavy-handed management company who knows they have the upper hand in this particular association, OR BOTH. There are good associations with good business minds on the board of directors and there are bad associations where things are not run well at all. Determine what this association is prior to a purchase. Don't just sign off on the documents and decide it will all be okay. It might not be.
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Go to your HOA monthly board meeting and raise a stink. $800 for documents is outrageous. At $1.00 per page that would be 800 pages! It only costs $0.01 in materials plus maybe $0.10 per page in labor to make those copies. The courts only allow $15.00 per full medical record as an um-disputable fee for medical chart copying. You and your HOA are getting ripped off. Any management company that would charge that much is proving they do not have the interests of their HOA members that they are hired to serve at heart.
Good luck at kicking the butts, so to speak, of those responsible!
There is the HOA CC&R's, By Laws, Rules and Regulations, Minutes, Newsletters, Budgets and Projections, Insurance. Then there is the Certification for the Lender, and the Transfer Fee.
$800 may include the Transfer Fee and Certification. If not, then it does seem on the high side. They should give you a breakdown.
HOA documentation often involves a couple hundred pages or more. I often see costs at the high end of the range the article says are normal ($75 - $250) charged to my sellers when the documents are obtained to post online.
If the $800 fee is charged to you as the new owner, there may be other fees than just providing document copies.
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As Terri and Angela have pointed out, the amount that the homeowner management companies charge for HOA documents has risen dramatically.
I agree that $800 does not sound reasonable. It appears to me that some of the homeowner management companies see the sale of copies of the HOA documents as a new profit center.
\As Terri Velios pointed out, they should give you a breakdown and they should give you their justification for the fee that they are charging.
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