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Welcome to the Topretirements Best Places Newsletter for November 16. The HOA legal ruling listed here today highlights an important issue - how to be prepared when the HOA takes over from the developer. 

Due to Thanksgiving in the U.S. next week, the next issue of this newsletter will be Friday, Nov. 25. Hope everyone enjoys this important annual holiday!
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Calabash, North Carolina

This fishing village on the South Carolina border claims to be the “Seafood Capital of the World”. It prides itself on its fried, or “Calabash-style” seafood. There are a number of active adult communities in the area. More>>

Florida Developer to Repay $35 Million in Excess HOA Fees

The giant 55+ active community Solivita has been ordered by a Florida judge to pay $35 million to homeowners for excess HOA fees. The charges go back to 2013 and relate to overvaluating  some amenities at the community. More >>

FInd Your Best Place to Retire

Medicare Part B Premiums Soar 14.5% Next Year

It is the highest dollar increase in Part B premiums ever, $21.60.  Your Social Security increase will more than cover it, but still... Here is how much you will pay next year for this critical benefit. More >> 

What to Know When the HOA Takes Over from the Developer 

As the Solivita case above highlights, hardly anything is trickier than what happens when the developer leaves and the HOA takes over the community. The interests of the two parties are rarely aligned, and the HOA usually has the least experience. Joe West, Community Associations exec, shares his insights on how to be prepared for the transition in this updated article from our archives. More>>

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