4,800,082
We don't have anything called a re-investment fee. You may be referring to what we call a capitol contribution. Some communities have them. I've seen them vary from $400 up to $20,000.
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Wanda Kubat-Nerdin - W...
St. George, UT
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Lyn Sims
Schaumburg, IL
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Nina Hollander, Broker
Charlotte, NC
2,810,149
Hi Wanda - Our property management companies are out of control on transfer and document fees, but I haven't seen anything that looks like a re-investment fee yet.
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Michael Jacobs
Pasadena, CA
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Wanda Kubat-Nerdin - W...
St. George, UT
5,104,806
Have not come across this term. Are you talking about a capital contribution to the HOA? If so, some associations and HOA's have it and some don't. No average amount.
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Wanda Kubat-Nerdin - W...
St. George, UT
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Lyn Sims
Schaumburg, IL
5,583,278
this one is new to me!!!
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Wanda Kubat-Nerdin - W...
St. George, UT
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Nina Hollander, Broker
Charlotte, NC
60,021
We don't have that fee locally, but in some HOA's I see initiation and selling certificate fees.
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Wanda Kubat-Nerdin - W...
St. George, UT
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Lyn Sims
Schaumburg, IL
1,466,207
Wanda Kubat-Nerdin I have not heard of this.
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Nina Hollander, Broker
Charlotte, NC
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Wanda Kubat-Nerdin - W...
St. George, UT
900,008
No, have not seen re-investment fees. How does that work?
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Wanda Kubat-Nerdin - W...
St. George, UT
989,552
That's a new one on me - so no
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Wanda Kubat-Nerdin - W...
St. George, UT
1,525
Hi Wanda,
No, there is not a reinvestment fee.
Ramona
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Wanda Kubat-Nerdin - W...
St. George, UT
1,725,896
We actually have a few single family assoiations that do charge one. $1200
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Wanda Kubat-Nerdin - W...
St. George, UT
4,571,456
Hi Wanda -- I'm not familiar with that term. Some fees by various HOA management fees can be outrageous including "document preparation fee", "transfer fees" and "move in/move out fees".
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Wanda Kubat-Nerdin - W...
St. George, UT
5,215,388
Gabe Sanders has it covered!
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Wanda Kubat-Nerdin - W...
St. George, UT
4,434,127
4,319,419
Wanda Kubat-Nerdin - I have not heard of it in our area.
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Wanda Kubat-Nerdin - W...
St. George, UT
3,727,873
I've not seen one of these, at least not with that name.
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Wanda Kubat-Nerdin - W...
St. George, UT
3,988,007
Not usually. When we set up our developments the management company suggested it as a way to "get a cushion" but it was not the norm and we did not follow through on that.
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Wanda Kubat-Nerdin - W...
St. George, UT
2,224,473
1,617,916
Amazing what they put in the CC&Rs
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Wanda Kubat-Nerdin - W...
St. George, UT
3,986,258
5,772,575
Wanda,
We have not seen them here. Each market is very unique, as I read the replies thus far. A
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Wanda Kubat-Nerdin - W...
St. George, UT
2,684,009
It's called something else in Florida. Disclosures are mandatory by Florida Statute. Make sure that you or your client also get the Condo Docs and financial statements, review every word.
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Wanda Kubat-Nerdin - W...
St. George, UT
1,502,848
1,844,171
Sounds like the newest scam. I can't even venture to guess what it is.
We have fees obviously for new ownership which is around $200 now with the paid assessment letter.
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Wanda Kubat-Nerdin - W...
St. George, UT
711,752
No. This may be a fee the property management company charges to cancel the account with the old owner and set up the new. I have never heard of a re-investment fee before.
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Wanda Kubat-Nerdin - W...
St. George, UT
45,957
Nope. I've never heard of it.
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Wanda Kubat-Nerdin - W...
St. George, UT