Question:
I looked under your community resources but did not see the District of Columbia listed. Can you tell me is there a limit to the amount and HOA can raise fees in DC? Can you point me to where i can find the guidance of fee increases as well as any guidance on reserves? Many thanks.
– Charles
Answer:
District of Columbia currently does not have statutes that apply specifically to HOAs. It does, however, have the following:
DC laws currently do not pose a limit on HOA fee increases. Additionally, there is no statutory requirement to conduct a reserve study and no statutory requirement to fund reserves.
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