LAGUNA SPRINGS II MAINTENANCE ASSOCIATION, INC.

Q: Will my assessment go up?

 

A: There is no concrete answer to this. Typically the Civil Code provides for annual increases, but not to exceed 20 percent per year without the vote ofthe membership. The Board of Directors may approve an increased budget, increasing your assessment up to this percentage in order to coverincreased costs of operating and maintaining the common area and sufficient reserve funds.

​

BACK TO FAQs