Property Q&A in Santa Maria>Question Details

Alejandro Fe…, Home Buyer in Santa Maria, CA

What exactly is included in the $215 monthly management fee?

Asked by Alejandro Ferreira, Santa Maria, CA Wed Feb 18, 2009

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Eric is right on. In Santa Maria it may also cover flood insurance with the possible new (and very high) flood insurance requirements if the levee is ruled to need work done to it. That is stil up in air, though. Other things the fees typically include are reserves for roof replacment, parking area pavement, exterior painting, etc, etc.
Ken Taylor
Century 21 Hometown
1 vote Thank Flag Link Fri Feb 20, 2009
Typically the association fees cover hazard insurance, maintanence for the commen areas, garbage pick-up, money for the reserves, but to be sure, read the disclosure package.
1 vote Thank Flag Link Wed Feb 18, 2009
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