Hamlet Condominium Association

What Services Do My Monthly Assessment Payments Cover?

Dec 09, 2001

Articles 4.4 and 4.5 of the CC&Rs describe the annual assessment for which each Hamlet unit owner is responsible, payable in monthly installments. Your Board of Directors is responsible for ensuring that the assessment amount is sufficient to cover expenses that must be paid by the Association throughout the year.

Here is a breakdown of the services covered by the monthly dues paid by each unit owner:

SERVICE & AMOUNT
Management $8.00
Trash Pickup $9.00
Lawn Maintenance $12.00
Landscaping Items $8.00
Snow Removal $4.00
Water $40.00
Insurance $16.00
General Maintenance $8.00
Capital Expense (Reserves) $37.00
Other Miscellaneous Expense $3.00
TOTAL $145.00