Re: Increase in Amenities Fee
Amenities fees are used to pay for the upkeep of recreational facilities. The Deed Restrictions document outlines the Amenity process and the rate. Basically, if you are a new home owner, the amenity fee is frozen for the first three years. After that they go up annually based on the Consumer Price Index (CPI). The entire process and amount of the raises are outlined in your Deed Restrictions. In my deed restrictions, it is outlined in sections 4.1, 4.2, and 4.3. The start of your amenity fees is the date of the contract for purchase of the lot. I am not sure but I think the contract signing date of the original house is used for pre-owned homes.
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Jacksonville, Florida
Andover, New Jersey
The Villages
Second star to the right, then straight on 'til morning.
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