What are HOA Fees and What Do They Cover?

HOA fees are regular payments that community residents must pay to the association. The association then uses these fees to help maintain community grounds, homes, or amenities. 

HOA fees are independent of mortgage payments or real estate taxes. This means residents in an HOA community must always pay their dues, even if they have paid off their mortgage.    

What HOA fees cover will vary from community to community. If you live in an HOA community or plan to move into one, you can always check your HOA’s governing documents.

If you’re wondering what HOA fees are used for, here are some examples of what HOA fees may cover:

Association insurance

Snow removal

Trash removal

Landscaping and ground maintenance

Maintaining amenities

Utilities for common areas

Pest control for common areas