Each timeach time a change of ownership occurs within the community, a $500 transfer fee is collected. This transfer fee is split between the management company and the HOA. A $1,000 working capital fee is also collected each time a change of ownership occurs, and this full amount goes directly to the HOA to help fund the reserves. If you are a prospective buyer, Realtor, lender, or with a title company and need to request closing information, please visit dfloydassoc.com/resources.
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