1.0Teextilehttps://teextile.comPaul Petersenhttps://teextile.com/author/paul-petersen/rich600338<blockquote class="wp-embedded-content" data-secret="LdO7LERQU2"><a href="https://teextile.com/what-are-hoa-assessments-do-they-differ-from-hoa-dues-and-fees/">What Are HOA Assessments? Do They Differ From HOA Dues And Fees?</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://teextile.com/what-are-hoa-assessments-do-they-differ-from-hoa-dues-and-fees/embed/#?secret=LdO7LERQU2" width="600" height="338" title="“What Are HOA Assessments? Do They Differ From HOA Dues And Fees?” — Teextile" data-secret="LdO7LERQU2" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); /* ]]> */ </script> https://teextile.com/wp-content/uploads/2021/11/s2-2.jpg20001125Anyone who lives or is associated with an HOA is aware of the monthly fees and dues. However, there is another payment collected from the homeowners, and that is called HOA assessments. One may ask why they have to pay these assessments when they are already paying the dues. While some residents understand the purpose of assessments, most do not.  It is important to educate homeowners and board members about assessments to provide a level of trust that their hard-earned money is not falling into the wrong hands. If your board is struggling with assessment planning, you can take professional […]