Association Dues

Association Dues

Association Dues pay for common expenses that include but is not limited to: reserve funding (savings account), property management, maintenance and repairs, utilities, etc.  

Dues are set annually for the next year aby the Board of Directors based current year expenses, inflation estimates and reserve funding needed to complete projects.  

Dues are calculated based on your percent of ownership in the building.  At the time of incorporation, Percent of Ownership was established based on size of units.  The percent is stated in the Condominium Documents.  The See the appendix for your percent of ownership.

If you have a question about your dues, reach out to the property manager.