Subject: Assessment shares & ownership pct
From: Jim Thomas (jthomas@math.niu.edu)
Date: Thu Jun 12 2008 - 22:37:47 CDT
We've had questions about why some people pay more assessments than
others. Mary's answer a few days ago was a good one: Assessments are
based on the percentage of ownership in the building. When you purchased
your unit, you should have been given this information. We put this
information on the homepage last December along with some FAQs on
assessments. The original sales price of percentage of ownership
ranges from about .68 percent to 1.5 percent, depending on original
purchase price established in late 1998:
http://1250westvanburen.com/private/docs/vanguard_orig_prices.pdf
The Assessment FAQS:
http://1250westvanburen.com/private/vgFaq.html
(send is private email if you forgot your login/password)
You can find all sorts of information (minutes, rules sales prices of
recently sold units and more) on the homepage:
http://1250westvanburen.com
Jim
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