West Las Vegas Condo Owners Challenge HOA’s $490 Fee Increase

Residents of Bavington Court in west Las Vegas are actively opposing a proposed increase in their Homeowners Association (HOA) fees, which could rise from approximately $275 to $490 beginning January 1, 2024. This surge in monthly dues encompasses a $240 regular assessment alongside a new $250 reserve fee. The budget proposal is set to be reviewed during a meeting on December 3, 2023, where residents hope to voice their concerns and halt the increase.

The proposed fee adjustment comes after a reserve study was completed on October 1, 2023. According to a report by KTNV, this study is intended to ensure sufficient funding for the community’s needs. However, many residents are expressing their inability to bear such a significant increase in their monthly payments. Some have begun circulating a notarized petition aimed at stopping the proposed budget from being approved.

Nevada law mandates that HOAs must send out proposed budgets, conduct an owners’ meeting, and provide summaries of reserve funds. If the budget is not rejected by a majority of homeowners, it will go into effect as planned. If a majority does oppose it, the current budget will remain in force, as outlined by the Nevada Legislature.

As the December 3 meeting approaches, Bavington Court residents are mobilizing. They need at least 51% of owners to participate in the meeting or submit notarized absentee votes to successfully block the proposed fee increase. Concerns have also been raised about the management company’s lack of response to inquiries regarding the budget and the rationale behind the fee hike.

If the proposal is approved at the December meeting, residents will see the new dues take effect on January 1, 2024. Conversely, if the proposal does not pass, the current dues will continue, allowing residents to maintain their existing financial obligations without the added burden.

The outcome of this meeting will significantly impact the financial landscape for Bavington Court homeowners and reflects broader issues of affordability within community living arrangements. As residents prepare for the upcoming discussion, they remain hopeful that their collective voice will influence the decision regarding the HOA’s financial direction.