Monthly Fee: Each owner pays a monthly fee. The 2016 monthly
fee for Marigold townhomes is $170.00, and for Hollyhock townhomes $185.00.
The condos pay $185.00 (1 occupant) or $205.00 (2 occupants) each month, and that fee covers the following:
Building Insurance for Common Areas
Condominium Owner Expenses:
Monthly Condo Fee
Telephone, Internet, or additional Cable TV - if more than "Basic" cable is desired.
Electricity for individual condominium.
Real Estate Taxes for your unit
and garage stall, if included - unless you qualify for Homestead Exemption, which must be reapplied for every year.
Homeowner Insurance - Coverage on your real property, personal property, and a minimum
amount of personal liability insurance to be carried by each condominium owner is $300,000. The minimum individual medical
payments to others insurance requirement is $5,000. This may be purchased through an agent of your choice. A current
copy of proof of insurance (Declarations page) must be submitted to the office when the policy is renewed each year.
Condo Repair & Maintenance - Just like buying your own home, all necessary repairs
that are needed within your unit, are at your own expense. Our maintenance manager may be able to help with minor repairs,
at the cost of his time and materials.