Rossmoor HOA fees, commonly called the "coupon," cover different things depending on whether the property is a condo or a co-operative unit. The "Mutuals" are the Homeowners Association.
The coupon for the co-operative unit covers maintenance of the exterior of the buildings, landscaping, water, garbage, basic cable TV, use of the amenities (such as the tennis courts, pools, fitness center, clubhouse rooms, movie theater etc) and, if the appliances are original to the unit (or have been replaced and maintained by the Mutual) the Mutual will maintain these appliances. In addition, the monthly "coupon" also includes a charge of 1/12 of the property taxes. Also of consideration, Co-op Mutuals have asset and income requirements that must be met in order to purchase a co-op.
If the property is a condominium, the exterior maintenance of the buildings, landscaping, water, garbage, basic cable TV, and use of the amenities is covered by coupon paid to the Mutual. The coupon does not cover the maintenance of appliances, furnace, or water heater. Individual property taxes are not included in the coupon. Condominiums may also be eligible for Reverse Mortgages.
These differences can make it difficult to compare the purchase of a Rossmoor co-op and a Rossmoor condo. This is where an experienced agent who sells frequently in Rossmoor can help you. The agent must keep up to date with changes in the dozens of Mutuals, each with their own policies and procedures.
It is always best to verify what is covered by the HOA fees in any condo or co-op complex you are considering--there is no consistency and Rossmoor is no exception.
I hope you consider the wonderful lifestyle offered by Rossmoor to active, age 55+ adults!