At Bavington Court in west Las Vegas, the HOA is proposing to raise monthly dues from about $275 to $490 starting Jan. 1. According to Homes.com, the increase includes regular assessments and a new reserve charge. A Dec. 3 meeting will review the budget, and residents are organizing to oppose it.
How The $490 Breaks Down And When It Hits
The HOA proposes raising monthly dues to $490, combining a $240 regular assessment and a $250 reserve fee, starting Jan. 1 if approved. According to KTNV, the reserve study was completed Oct. 1. Some residents say they cannot afford the increase and are petitioning to stop it.
What Nevada Law Says About HOA Budgets
Nevada law requires HOAs to send proposed budgets, hold an owners meeting, and…..