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Capital contributions are a portion of assessments paid by all owners into an account built up over time, to pay for capital projects on the real estate assets all own in common. This account is called Reserves, or Reserves Account.
Capital projects include new roofs, club house improvements and so forth. Capital projects can be listed in the Reserve Study -- or similar documents -- that documents capital assets, their condition, useful life and a planned replacement or major repair. Capital contributions can be tied to the expenses required to perform these future capital improvements.
What else can I help you with?
What is the area of Tuy Hoa?
The area of Tuy Hoa is 107 square kilometers.
Why are developer contributions to a Home Owners Association considered a liability?
Your answer depends on the context of the term 'liability'. If it is used in the context of the association's financials, the treasurer or auditor can give you an answer. In another context, you may need a realtor, or association manager or attorney to give you the answer you want.
What is the birth name of Hoa Xuande?
Hoa Xuande's birth name is Hoa Xuan Nguyen.
What does the hawaiian word ku'u hoa mean?
Ku'u hoa = My Companion ku'u = my hoa = Companion
Is an hoa tax deductible?
If your property is an investment property, visit with your tax counsel to determine what expenses to deduct. If your primary residence is in an HOA, visit with your tax counsel to determine what expenses to deduct.
What can the hoa withhold?
Read your governing documents to determine when the HOA has the power to 'withhold', and what the HOA has the power to withhold.There is no standard.
How tall is Hoa Xuande?
Hoa Xuande is 176 cm.
When was Truong My Hoa born?
Truong My Hoa was born in 1945.
When was Thanh Hoa created?
Thanh Hoa was created in 1994.
What is Thanh Hoa's population?
The population of Thanh Hoa is 197,551.
When was Hoa Nguyen born?
Hoa Nguyen was born in 1967.
What is the population of Thai Hoa?
Thai Hoa's population is 2,010.
