prorated annual dues

hellerjw

DIS Veteran
Joined
Jan 23, 2005
Messages
1,204
We just bought our first DVC contract at AKV last week with a March UY. We haven't even closed yet.

I know we will have prorated dues this year but am not 100% sure how to estimate them. According to our documents, our unit at AKV is estimated to be available for occupancy July 16th 2007.

The documents also state the following: "In the year of closing, Purchaser shall be responsible for Purchaser's portion of Annual Dues, calculated by prorating the Annual Dues from either the date of this Agreement, the first day of Purchaser's Use Year or the date on which your Unit at Condominum is available for occupancy by Club Member's, whichever is later, to the end of the calendar year.

Is my assumption, based on the information above, that we will have roughly 5 months of dues payable in 2007 an accurate estimate?
 
I was told by my DVC guide that my dues would start on September 1 and it looks to be that way for me on the Member's website.
 





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