Chalet Village HOA can collect even if wildfire consumed home; fees assessed on land
"Rebuilding Chalet Village’s facilities will take every dime from property owners’ annual assessment, according to the homeowners association board members. The HOA bills drew complaints from a few people who lost cabins to the November wildfire, who asked why they should pay for unusable properties and destroyed facilities...The Chalet Village Owners Club was already on a tight budget after a $250,000 pool repair the previous year — for which it’s still fighting an insurer in court — and the wildfire did at least $200,000 more damage, which will exceed the limits of the HOA’s insurance, said board treasurer Stan Johnson. The fire also destroyed 533 cabins, including all but 43 houses in North Chalet Village. About 700 remain in South Chalet Village."
Another example of how things work. The association had two big financial hits and nobody is going to pay for it except...the owners.