Deductions & credits

Thanks Paula.  I agree with your view on the HOA Estoppel fee.  I feel the vast majority of the confusion in the past on the forum was related to a terminology detail - that being the improper use of the general word 'fees' instead of using proper terms like 'dues', 'assessments', etc.   Ongoing HOA costs incurred as part of belonging to an HOA are different than a 1-time charge required to close on a sale of a property like the Estoppel. The estoppel is somewhat like an HOA equivalent of a title search - to make sure things are clear and not clouded in order to close the transaction.


If you have the ability to ping one of your associates and have them chime in to offer/confirm the view on this it would be beneficial to us readers who otherwise see years of what seem to be conflicting/confusing guidance on the forum.


SE