Potential annual dues spike.

[LAX]

Isn't there a cap on the percent of increase on a year to year basis? I guess if the new law does apply to DVC, a special assessment can be levied to cover the difference?

LAX

 

[Cyberc1978]

Isn't there a cap on the percent of increase on a year to year basis? I guess if the new law does apply to DVC, a special assessment can be levied to cover the difference?

LAX

Yes there is. However that does not apply to taxes only to operating fee. I don’t know if it also applies to funding the reserves or not.

 

[LAX]

Yes there is. However that does not apply to taxes only to operating fee. I don’t know if it also applies to funding the reserves or not.

Thanks for the clarification.

LAX