From an in-pool "meeting" today, some were complaining because the planned maintenance fee increases should have been disclosed. Basically, TV knew grass, shrubs, etc. were going to be planted by the time CDD14 was built out and some folks felt the planned/future increase should have been disclosed, even if only in "today's dollars". Everyone understood there is a cost/acre to mow, grounds care, etc., but TV should have been able to provide good faith non-binding estimates to home purchasers of the final amounts. Personally, it would have been nice to "see" this coming, but it wouldn't have impacted our decision to buy and build where we did. So, maybe disclosures should include estimates of likely increases as a CDD is built out or just an estimate of CDD maintenance fees on buildout.
|