Capital ContributionWhen a non-condo unit is purchased, a one-time Contribution to Working Capital fee is assessed at settlement. The Heritage Hunt HOA fee is currently equivalent to 12 months of monthly assessments. For 2022 the fee is $3,960.
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 capital contribution fees are currently equivalent to three months of monthly assessments. See below for a breakdown of Assessments and Capital Contributions
2022 Assessment + Capital Contributions
|Annual Assessment||Capital Contribution (one time fee at settlement)||Total (Annual Assessment + Capital Contribution(s)|
|Heritage Hunt HOA = $3,960 ($330/month)||$3,960||$7,920|
|Heritage Hunt Condo I = $4,080 ($340/month)||$1,020 (Condo I) + $3,960 (HOA)||$9,060|
|Heritage Hunt Condo II = $4,260 ($355/month)||$1,065 (Condo II) + $3,960 (HOA)||$9,285|