What can HOAs charge for creating disclosure certificates?

Homeowners' Associations (HOAs) are permitted to charge for creating disclosure certificates, and this fee must be reasonable. The legal framework governing HOAs often has specific guidelines which dictate that any charges assessed must not be arbitrary or excessive. This ensures that owners are not unduly burdened by costs associated with required documents related to their property or status within the community.

A reasonably set fee allows the HOA to cover administrative costs while maintaining fairness for all members. This concept aligns with promoting transparency and accountability within the community, ensuring that all members contribute to the operational expenses in a proportionate manner.

Additionally, while HOAs can decide not to charge any fees at all, it is also typical for them to impose some charge due to the administrative workload involved in preparing these documents. A fee determined by the members typically would need to remain within the boundaries set by reasonable standards. Thus, the best practice is to charge a fee that reflects actual costs incurred, thereby fostering an equitable environment for all homeowners involved.