If you own a vacant lot in a community that has association fees and special assessments, are you legally required to pay them?
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If you own a vacant lot in a community that has association fees and special assessments, are you legally required to pay them?
Asked on November 13, 2011 under Real Estate Law, Minnesota
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
If you have a vacant lot in a planned unit development with recorded covenants, conditions and restrictions as well as other rules and regulations, you need to carefully read these documents to see if a vacant lot is subject to special assessments and association fees.
Most likely all properties in the association are subject to the assessments, but you need to read the documentation applying to vacant lots. Good luck.
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