Assessments, Budget, business, community management, condos, Educational, HOAs | August 30, 2018 WHY THEY ARE IMPORTANT Homeowner Association Assessments (HOA Dues) are used to keep your association running. Just like the money you pay to keep your electricity on, if the association doesn’t receive your assessments then all the funds budgeted won’t be available to keep the association running. What do your assessments cover? Your annual, monthly or quarterly HOA payment will...