I'm just wondering if anyone else have experienced the same with their HOA, where aside from paying for the construction bond for a renovation, there is an additional non-refundable admin fee? Our subdivision requires 2000 admin fee (NON-REFUNDABLE) and 7000+ construction bond for "MAJOR CONSTRUCTION" that doesn't require building permit. We'll be doing garage flooring.
First time ko kasi naka-encounter ng admin fee. 😅 Btw, this is a townhouse subdivision. My other house na ang pre-selling house is 2x to 3x ang price only requires 5000 for minor construction.
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source https://www.reddit.com/r/RealEstate/comments/1ps5a8q/hoa_construction_bond_admin_fee/
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