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@Carl wrote:

You may need to check the HOA bylaws. I doubt the entire amount you are charged each month is solely for future capital improvements.


@ytischler was referring to the fees for a reserve fund for improvements, @Carl, not the total HOA fees.

 

@ytischler stated:

The Capital Reserve funds a pool to pay for major updates/improvements to both common area property as well as my unit.

 

Repairs and Maintenance is a separate association fee that I expense.