No other bill you will receive will be lacking in documentation and accountability as much as the property manager HOA Transfer Fee. This fee, first known to the HOA home seller at home closing, requires no hard copy receipt, no justification for charges, and no limits on amounts billed and if you don't pay it you can't sell your home. How do they get away this extortion of fees imposed on home owners? Read about this illegal fee and efforts to contain the abuse imposed on home owners on the Colorado HOA Forums web site: www.coloradohoaforum.com
Billing Practices Comparison
HOA Transfer Fee is Triplicate Billing
HOA Transfer Fee and the Community Association Institute (CAI): will not even support requiring property managers to provide a detail billing to home owners
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