Resident stunned when HOA sends her a bill for $16,000

Money

Club Monaco condominiums

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DENVER -- Monica Coulter received a letter from her HOA in March.

“So I’m like, what do they want?” Coulter said.

What they want is money, a lot of money.

“I open it up and I get two coupons in it.  One is for 16,000 and some dollars and the other one is for $115.77," she said.

Coulter said as she referred to a letter she received from her HOA.  Coulter's first thought?

“I think they made a mistake," she said.

It was no mistake.  The fact is Club Monaco Condominiums, where Coulter lives, is in the middle of a $2 million repair project.  Landscaping, patios, garages and painting, repairs on the 122-unit complex, including Coulters.

The FOX31 Denver Problem Solvers learned every unit in the complex was billed roughly $16,000 to pay for the bill and as shocking as it might be, it’s in black and white in the HOA’s covenants.

“You’re contractually obligated to comply with them.  A recorded document which is a contract between the association and every owner," said Molly Foley-Healy, an HOA law attorney.

While it might be a bitter pill to swallow, always read your HOA’s covenants before you sign on the dotted line.

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