Once you pay it you are done with the obligation for that piece. In other words if you have a 15K bond and pay it in full, you (or subsequent owners) will not see it again. I believe that there is a separate county tax (a few hundred per year?) that is levied regardless of outstanding bond balance. Then of course there is the separate amenities fee, running about $135 per month, that will continue.
That is what I was given for an estimate by my agent but someone who lives in TV should be able to give more clarity.
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