Each time a change of ownership occurs within the community, a $500 transfer fee is collected. This transfer fee is split between the management company and the HOA.
A $1,000 working capital fee is also collected each time a change of ownership occurs, and this full amount goes directly to the HOA to help fund the reserves.
If you are a prospective buyer, Realtor, lender, or with a title company and need to request closing information or lender documents, please visit dfloydassoc.com/resources.