Is the monthly service fee fixed, or is it subject to change?
The monthly service fee is subject to change. It is reviewed annually by the Board of Directors and management and may be adjusted based on actual operating costs of the community. Epworth Villa strives to maintain its costs at the lowest feasible level consistent with sound financial practices. Notification of any increase in the monthly service fee is given to all residents at least 30 days in advance.
The Monthly Service Fees are reviewed annually by the Board of Trustees and management and may be adjusted based on actual operating costs. Wesley Commons strives to maintain its costs at the lowest feasible level consistent with sound financial practices. Historically, cost-plus amenity based annual increases approximate the average annual cost of living expenses that are commiserate for our services within our geo-economic region. A 30-day written notice is provided to all residents in advance of any increase.
