Article and Video Courtesy of
FOX 35 NEWS -- ORLANDO
Published November 25, 2008
community has been slapped with an emergency fee by their Homeowners
Homeowners in the Toscana
community in Orlando are being told they'll have to pay
$1500 by December first.
Residents just got their notices in the mail.
The developer, Deluca Homes, currently controls the
association and said the emergency HOA assessment was
implemented mostly to replenish the HOA fund that's been
affected by foreclosures.
homeowners have learned their regular HOA fees are going up
more than 30 percent starting January first.
is really a bad time for this,” said residents Dorina Lora. “That's
almost $3,000 in less than a month. We’re being hit directly when
we could have even known at a different time sooner that they weren't
getting their payments or some communication but there was no
communication from the management company nor the board of directors.”
Then, during my interview with Lora on Monday afternoon, the management
company which was hired, by Deluca homes, returned my calls.
According to James Heart, the owner of Sentry Management the company hired
by Deluca the decision to implement the emergency assessment was made on
November 10th and not sooner.
He added that the budget is always fromulated in the months of October,
November and December and that most financial reports aren’t made
available until now. None of that is very comforting news for homeowners.
“The options are very slim,” said Lora. “Because they are saying we
will be penalized or they'll put liens on our properties. It doesn't look
good. You've got professionals working on this they should have been able
to see this coming.”
Toscana homeowners are having a meeting Tuesday at 7:30 p.m. They
are looking for a lawyer who is willing to review and interpret the HOA
Homeowners fight back against HOA
charging residents ‘emergency assessment