What can the Homeowners' Association (HOA) charge for closing documents in Georgia?

Share:

Listens: 0

Real Estate News in Metro Atlanta and Beyond

Miscellaneous


Answer:  It all depends! And there is no limit as to what an HOA or Property Management company can charge for a "statement of account". Georgia limits the closing letter to $10, but doesn't limit the amount an HOA  can charge for producing a statement of account for the current owner(s). Texas passed a new law limiting the closing documents to $375 and also requires all documents, statements, agendas, minutes, etc, should be online and made available to all homeowners within the HOA.