Your monthly assessments pay bills for services to the entire community. These bills include master insurance policy premiums, payments to reserves -- the savings account being set aside for major replacements, such as roofs, windows, and so forth -- and more.
You can request a copy of the association's annual budget, and a copy of the budget narrative -- a description by line item detailing how the budget numbers were developed and how the association plans to spend the monthly assessments through out the year.
In order to formally object to the proposed budget, a group of owners -- usually more than 50% and often 67% or more must object to the published proposed budget at the budget ratification meeting.
Read your governing documents to familiarize yourself with the budget process, the budget ratification process, and the steps you can take to more fully understand your monthly assessments.
Your monthly assessments pay bills for services all owners benefit from, in common.
For example, landscaping, sewer and water, refuse pick-up, master insurance policy premiums, property management fees and so forth.
You are obligated to pay the monthly assessments assigned to your unit, so the only way to reduce your assessment amount is to find ways to save money in the budget process.
As an owner, you can volunteer to work on the finance committee, so that you better understand your annual budget. There may be expenditures the board includes that can be reduced by negotiation, or by reducing use or frequency.
For example, encourage your neighbors to recycle: recycle fees are usually lower than garbage fees; leave lawn clippings after a mow, thus reducing the amount of water required to keep the lawn green and thereby reducing your irrigation expense; conduct community clean-up parties, window washing parties and so forth -- limited by the practicalities of the suggestion, given the physical makeup of your community.
Generally, monthly assessments are not reduced -- they may remain flat for a year or two, and you may be able to find ways to reduce expenses, thereby holding down increases to your monthly assessments.
National Association for the Advancement of Colored People
Intraspecific association is a relationship between members of the same species. When resources are limited, the members will fight each other for control.
TO FIGHT FOR CONSTUTIONAL RIGHTS THROUGH THE COURTS
The FAO is the Food and Agricultural Association. Their function is to fight world poverty and hunger.
the American medical association called for the protection of earths diversity
The American Heart Association is a large charity devoted to eliminating cardiovascular diseases. They fight for strong public health policies to help fight heart disease, fund research, and provide education to the public about preventing and treating cardiovascular disease.
NOWRA stands for "National Onsite Wastewater Recycling Association". They fight for water conservation and cleanliness. Nowra is also a city in New South Wales, Australia.
Teens are at increased risk today because in a fight, their opponents are more likely to carry weapons.
Teens are at increased risk today because in a fight, their opponents are more likely to carry weapons.
The Canadian Diabetes Association's mission is to lead the fight against diabetes mellitus by helping Canadians with diabetes live healthy lives. The organization is based in Toronto, Canada.
As an investor and shareholder, you are entitled to fair and equal treatment, equal to that of all owners. If you believe that you are being treated unfairly and have exhausted all your options, such as writing to the board, attending board meetings and presenting your case there, and so forth, you can contact an association-savvy attorney who represents owners. Be prepared to offer proof of your valid position within the disagreement, which the attorney will require in order to be engaged by you.
I think you are talking about the nation rifle association? In which case, you mean the NRA.