Capital Contribution

When 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 2020 the fee is $3,720.

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 

2020 Assessment + Capital Contributions
 Annual AssessmentCapital Contribution (one time fee at settlement) Total (Annual Assessment + Capital Contribution(s)
Heritage Hunt HOA = $3,720 ($310/month) $3720$7440
Heritage Hunt Condo I = $4,080 ($340/month) $1020 (Condo 1) + $3720 (HOA)$8820
Heritage Hunt Condo II = $3,780 ($315/month) $945 (Condo II) + $3720 (HOA)$8445