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4 - ABOUT COMMUNITY FEES (LOT RENTS) Typically, community fees increase each year. The increases are governed by the community prospectus and vary from community to community depending on the amenities offered. One would expect to pay a higher community fee for a five star golf community than a community that does not have a clubhouse, swimming pool or other amenities. Your professional representative will be familiar with the community fees and what the increases are based on. Understand the community fees and any other fees that can be passed on to you before you purchase. |
