HOA Dues and Fines

As we move into the warmer months, HOAs tend to become more active in terms of issuing violations, fines, and harsher late fees. If you have hired a property manager to take care of your property, it is important to pay close attention to the mail you receive and make sure to notify your property manager if you receive any communications from your HOA pertinent to your property. In most cases, the HOAs will inform the property management company of these situations if they have been asked to. However, there have been times in the past in which the HOA fails to notify a property management company properly, even if they are on the account. This can lead to serious situations in which fines and late fees are charged to the owner's account, reducing the overall profitability of the rental property. If you are unsure of whether you should forward information to your property manager, remember that they would rather receive the notice twice, then not at all.

In today's age, many HOAs offer the option to enable autopay for their assessments. McKenna Property Management believes that this is the best way to have your HOA dues paid, whether you have a property manager or self-manage your rental property. By enabling autopay, you ensure that when assessments are posted to your account, they are always paid on time and in full. Although it is reliable, autopay is not foolproof. McKenna Property Management also recommends that all owners who have autopay enabled ensure that a valid payment method is on file with their HOA so that there are no issues with assessments getting paid.

There are some owners who choose to pay their HOA dues manually. If you do not have autopay enabled on your HOA account, please ensure that a current and accurate mailing address is on file with your HOA. In Las Vegas, the power of HOAs can vary greatly depending on the community, but they can be extremely powerful. In some communities, if HOA assessments go unpaid for an extended amount of time, HOAs can put liens on the property, or even worse, initiate a foreclosure. Therefore, it is incredibly important to make sure you can receive mail and communications from your HOA.



If you receive a violation notice, notice of a fine, or any other communications from your HOA for your rental property, it is important that you have it handled as soon as possible. If you are tired of dealing with the headaches of rental properties, reach out to us so that we can remove the stress of investing in real estate.