Quote:
Originally Posted by MBAtarga
Closings I've dealt with involving any HOA dues, there was always a pro-rated portion determined at closing that the seller paid and went to buyer funds. (Same treatment as property tax.)
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The problem there is the 8 month drag on the bill.
The HOA is sending the bill 7 months after the billing period for EMS and it's due the following month.
Technically there is an 8 month gap where no monies are owed and the amount is based on property tax assessment so varies year to year as in not 100% predictable although using the prior year would likely only amount to a few bucks difference.