A Homeowners Association (HOA) fee is a recurring fee paid by some homeowners to an organization that helps maintain and improve their property and others in the same group. It is typically paid monthly and is used to cover the costs of services provided by the HOA, such as property maintenance, repairs, amenities, and in some cases, staff salaries and benefits
. The amount of the fee can vary widely depending on the location, type of property, and the amenities and services provided by the HOA, ranging from less than $100 to over $1,000 per month on average
. Failure to pay the HOA fees can result in suspended privileges, late fees, legal actions, and even a lien on the property
