Monday, November 12, 2012

Account Setup Fees!

We know times are hard for everyone, housing sales are slow because people cannot afford to by a home with our uncertain economy. But those that do buy here in Harpers Mill will find out that they are required to pay our management company Kuester Management Group an account setup fee of $325.00, in addition to their first months assessment fee of $125.00

Now we checked and cannot find anything in our ByLaws or Covenants allowing for such a charge, and we believe that 100% of these fees are going to Kuester directly not the HOA.

We also cannot find anything about these fees in the management contract with Kuester. According to some sources we spoke with, some HOA's do charge an account setup fee, but usually it is less than half what Kuester is charging our new homeowners.

We would suspect anyone who has paid such a fee may be able to go to the magistrate court with our Covenants and ByLaws and show that there is no allowance for this fee to be charged, and might be able to recover any account setup fees and legal fees that they have paid.

No comments:

Post a Comment