Carmella Britt 0

Petition to Cap the Oak Park West HOA Dues

20 people have signed this petition. Add your name now!
Carmella Britt 0 Comments
20 people have signed. Add your voice!
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Current HOA bylaws allows the management and board to increase the dues by up to 10% every year. The dues is raised under the guise of saving for the to replace the roof "one day". The dues is now over $200 a month which is 1/3 of what most mortgages are in this community, and in some cases it is even higher than that. These are not new town homes, and the HOA is pricing the monthly fees out of their value. Exorbitant HOA fees has a negative impact on the resale value of the home. In order to change any bylaw, two thirds (2/3) of the homeowners must agree. By signing this petition you are asking 1) that the bylaws be changed such that the board and HOA managemant company cannot raise the HOA without a majority vote of at least 2/3 of the homeowners and 2) The bylaws are changed to read that a maximum monthly cap of HOA dues be set at $225.

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