What does it cost to live in the Leisure World community? Are there monthly fees?
· The seller of an apartment determines the value of the unit and charges that amount to the buyer. In addition, there is a monthly fee called a Regular Assessment. The Regular Assessment varies by Mutual depending upon the size, location and improvements made on the unit. This may include exterior maintenance, landscaping, recreational activities, and security, among other items. The monthly Regular Assessment is calculated each year. o The monthly Mutual Fee for 2009 as follows: § Mutual 1 – $294.44 § Mutual 2 – $292.40 § Mutual 3 – $278.00 § Mutual 4 – $291.65 § Mutual 5 – $261.03 § Mutual 6 – $268.02 § Mutual 7 – $296.15 § Mutual 8 – $272.21 § Mutual 9 – $271.00 § Mutual 10 – $271.85 § Mutual 11 – $262.20 § Mutual 12 – $263.30 § Mutual 14 – $266.90 § Mutual 15 – $320.00 § Mutual 16 – $295.45 § Mutual 17 – $297.05 o Additional monthly fees § Cable television – $17.99 (optional) § Sewage – $11.00 § Property tax – this will equal 1.2% of the purchase price · If you bring in a lower ta