Capital ContributionWhen a non-condo unit is purchased, a one-time Contribution to Working Capital fee is assessed at settlement. The HOA fee is currently equivalent to 12 months of monthly assessments. For 2016 the fee is $3,480.
When a condo unit is purchased, two separate one-time contributions to Working Capital fees are assessed at settlement: one to the condo association and one to the Heritage Hunt Homeowners Association. The condo fees are currently equivalent to three months of monthly assessments. The Heritage Hunt HOA fee is as above.
|Heritage Hunt HOA = $3,480||HOA monthly assessment is $290|
|Heritage Hunt UOA I = $1,050||UOA I monthly assessment is $350|
|Heritage Hunt UOA II = $870||UOA II monthly assessment is $290|