A commission on common interest communities had set caps on those fees, but Copening said Governor Brian Sandoval lifted those caps when he took office. "The governor put a cap on all regulations, so it never went into effect."
Copening is not alone in her effort. Republican Assemblyman John Hambrick.
"We have all heard of horror stories of huge fees," said Hambrick. "A $20 late bill, turning into a $5,600 penalty and all that money goes to the collective agencies. Those stories need to stop."
Copening wants a $1,950 cap on homeowners association fees. However, Hambrick said he isn't prepared to put a number on it. "I would like to see a cap, but I don't want to put a specific dollar amount on it yet."
2 comments:
If Walter Olson, Ted Frank, John Stossel, etc. don't believe that the behavior of HOA collection attorneys is worth even reporting about, then it can't be a problem.
Government regulation of attorney fees that the homeowners agreed to pay is another attempt to subvert free market capitalism by socialists who hate America.
These ungrateful ingrate delinquent deadbeat homeowners should just shut up, do as they're told, and pay their bills on time, rather than going to the government seeking special treatment.
"We have all heard of horror stories of huge fees," said Hambrick. "A $20 late bill, turning into a $5,600 penalty and all that money goes to the collective agencies."
Comrade, they don't call it the Commistry Association Institute for nothing. If you persist with this unpatriotic criticism against the private Fatherland, you will receive a visit from the state security apparatus.
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