Question

Homeowner's Association fees are levied:

1) Monthly
2) Quarterly
3) Semi-annually
4) Annually

Answer 1

Homeowner's Association fees are levied monthly, quarterly, semi-annually, or annually. These payment frequencies help HOAs collect funds for the maintenance and management of communal areas in residential communities.

Step-by-step explanation:

The subject of this question is Social Studies and the grade level is High School.

Homeowner's Association (HOA) fees are levied in different intervals depending on the HOA's policies. These intervals include:

1. Monthly: HOA fees are charged every month. This is a common payment frequency.
2. Quarterly: HOA fees are charged every three months.
3. Semi-annually: HOA fees are charged every six months.
4. Annually: HOA fees are charged once a year.

These payment frequencies help HOAs collect funds for the maintenance and management of communal areas in residential communities.