Home Buying in Miami>Question Details

Glenford E.…, Other/Just Looking in Pembroke Pines, FL

Respecting condos, what is the frequency for payment of the HOA?

Asked by Glenford E. Joseph, Pembroke Pines, FL Mon Jan 14, 2013

This question was asked from this property: http://www.trulia.com/property/3086532364-18021-NW-2nd-Pl-Mi…

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You should really obtain a copy of the condominium documents including the bylaws and current and past year's budget before purchasing a condominium. The bylaws should provide answers on the frequency of the billing process, as it can vary.
0 votes Thank Flag Link Mon Jan 14, 2013
Thanks for your answere and for the advice you so kindly gave.
Flag Mon Jan 14, 2013
every HOA is different.
Some of the might have up to 3 or more association.
They can request to be paid. Monthly, every quarter of the year, every six month, or a year membership.
0 votes Thank Flag Link Tue Jan 15, 2013
Dear Glenford,

As previously stated the most common are monthly dues which allow the association to take care of the local amenities like gym, swimming pool, landscaping, security etc. I see a lot of quarterly payments at 55+ communities. It varies by area.
If you need any kind of assistance with real estate please contact me at any time at 305.877.2880

Best Regards,
Meg Sahdala

Vivienda Miami Real Estate Group
E-mail: meg@viviendarealtors.com
Tel: 305.877.2880
Fax: 305.675.3976
0 votes Thank Flag Link Mon Jan 14, 2013
Most condo's pay association dues on a monthly basis
0 votes Thank Flag Link Mon Jan 14, 2013
All HOA fees are calculated as a monthly amount, but could be required to be paid monthly, bi-monthly, quarterly, bi-annual or yearly.
0 votes Thank Flag Link Mon Jan 14, 2013
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