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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Lets chat about the wonderful world of owning rental property
 
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LloydDobler
Oct 15, 2005

You shared it with a dick.

Bloodnose posted:

What happens if you don't pay HOA dues in the US? Does it vary by state? They can't evict you from a property you own, right? That'd be crazy.

Typically when you buy a house that's covered by an HOA, part of the purchase contract is joining the HOA and signing the contracts that give them power over you. You basically can't buy a house but opt out of its HOA unless the rules say you can. Which does happen but it's rare. So yeah if you fail to pay dues or fines from violations you can be kicked out of your own house.

* # ¿ Oct 18, 2013 21:38
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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Lets chat about the wonderful world of owning rental property