Jazminnexoxo5117 Jazminnexoxo5117

02-11-2022
Business

Answered

if the developer of your mixed use resort with 1,000 residential, single family homes has arranged for an orderly transfer of the ownership of the clubhouse to occur in a phased plan where 20% of the ownership is transferred each year for the next five years, and the operating costs of the clubhouse are $500,000, how much will each homeowners dues have to increase next year to absorb the cost?

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