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We are in the process of updating our HOA bylaws and establishing HOA fees and reserves. Our HOA is made up of 400 sq ft 1 bedroom oceanfronts; 200 sq ft oceanfront studios; 300 sq ft oceanview studios; 500 sq ft 2 bedroom oceanview; 300 sq ft studios without views.
We need help in figuring a "fair" assessment percentage for HOA fees and reserves. Are there any standard HOA budget formulas to use? What's the best way to do this?
Tags: Finance, Condo Fees, Condo Reserve, Assessments, Budgets
posted @ Thursday, October 01, 2009 6:18 AM by Janet
posted @ Thursday, October 01, 2009 11:12 PM by Beth Grimm
posted @ Friday, October 02, 2009 1:08 PM by Joe Schuirmann
posted @ Friday, October 16, 2009 12:38 AM by k.brown
posted @ Monday, November 16, 2009 6:05 AM by Paul Caron
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