Yes, a master association will be funded to maintain the property landscaping, private streets and common facilities. Dues are currently estimated at approximately $150/month. Also, as with most major masterplanned communities, there will be a Mello-Roos tax to fund improvements and infrastructure. Information on neighborhood associations, Mello-Roos and property tax can be obtained by the individual builder's sales associates.

Generally, the bonds are paid over a period of 10 to 20 years. To get an exact time period for your assessment, you will need to contact the agency shown on your tax bill.

A Mello Roos is a special tax or bond for a community facility project approved by vote of 2/3 of the electors. Electors are either registered voter (if 12 or more in the district) or landowners who voter based on acreage. These types of bonds are normally issued for 30 years and will be billed with your property taxes.

A.Mello-Roos District is an area where a special tax is imposed on those real property owners within a Community Facilities District. This district has chosen to seek public financing through the sale of bonds for the purpose of financing certain public improvements and services. These services may include streets, water, sewage and drainage, electricity, infrastructure, schools, parks and police protection to newly developing areas.

A.Your taxes may be paying for both services and facilities. The services may be financed only to the extent of new growth, and services include: police protection, fire protection, ambulance and paramedic services, recreation program services, library services, the operation and maintenance of parks, parkways and open space, museums, cultural facilities, flood and storm protection, and services for the removal of any threatening hazardous substance.

A.The amount of tax may vary from year-to-year, but may not exceed the maximum amount specified when the district was created. In the case of the purchase of a new house within a subdivision, the maximum amount of the tax will be specified in the public report.

In 1989, the Mello-Roos bill passed thru the California Legislature and became law. It says that, from that point forward, developers had to account for the funds to build schools, roads, and sewers to serve new home developments. The developer usually passes those costs to the homeowner in the form of a Mello-Roos bond. Mello-Roos amounts vary from subdivision to subdivision.

Homeowners Association (HOA) dues are definitely high in Keystone. This is due to the high maintenance costs in the Keystone area. Cold weather most of the year is hard on building exteriors and snow removal is a big expense. If the property has a pool or Jacuzzi tub, costs are high for maintaining them...especially if they are located outdoors. The closer you are to the slopes in Keystone, and the more amenities that are available at the property, the higher the cost.

Dues are $31.00 per month. The dues can be paid monthly, quarterly or yearly. Homeowners may pay in advance as much as they like, but there is no discount prepayment.

A sizeable amount of the dues pays for a property manager. The property manager serves many functions, such as being the main contact point for issues and complaints, handling office affairs like billing and collecting dues, monitoring compliance with deed restrictions, and a host of other items. In short, the property manager is a full time representative for the board of directors and may be asked by the board to do many things.

Currently the HOA dues are $60 a month for an unimproved property and $80 a month for an improved property. An $18 garbage service will also be assessed once garbage service has been established. Due amounts are subject to change and it is suggested to contact the sales office or HOA manager for current dues.

They will range from approximately $175 - $275 per month for the first year depending on the size of the residence. An estimated HOA budget is being prepared by Professional Association Management Company and will be available for your review.

The dues will cover the exterior maintenance of the residences, casualty and liability insurance, landscaping irrigation and maintenance, trash pickup, HOA management fees, and maintenance fees to the Lodge for common area amenities.

I am purchasing a condo (or townhouse or PUD) and I am aware that the HOA is currently in litigation with the developer, will I be able to obtain financing in the development? Conforming Loans / Jumbo Loans

HOA dues will be based on each unit's square footage, roughly $0.15-$0.20 per square foot. HOA dues will cover: water, building maintenance, building insurance (property, general liability, E&O), building reserve, landscape, snow removal and trash pick-up.

Currently the HOA fees are $275.00 per month and include all common area and building maintenance including snow removal, landscaping, insurance, water and sewer fees.

Please mail your dues by the First of each month. Any dues received after the 25th of the month will be posted to the following month. Mail your homeowners' association dues to the address on your coupon booklet or to: