Is Highlands potentially impacted by the California wildfires? If not now, in the future?“The fire” ... ?? What fire ? Please tell me about the fire at Highlands. Was it something that originated on the property. Or because it was located in the woods that were on fire nearby ? When did that happen ?
Or do you mean insurance rates are going up because of fires in all of California. ? And thus. no actual damage at Highlands ? Thanks. PPK
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Yes , That's what I am assuming, but I cant get a hold of any of the board of directors to ask all the questions I had that they did not answer during the online Board Meeting.IMHO, I would rather see a special assessment than increasing the MF. The assessment is a one-time event while the increase in MF will persist year-after-year.
The problem with an special assessment is that the owner on record that year is paying the fee and everyone else that perhaps sold before or bought after is getting away with a reduced MF because of it. If run properly, a resort should very seldom ever need a special assessment.IMHO, I would rather see a special assessment than increasing the MF. The assessment is a one-time event while the increase in MF will persist year-after-year.
“The fire” ... ?? What fire ? Please tell me about the fire at Highlands. Was it something that originated on the property. Or because it was located in the woods that were on fire nearby ? When did that happen ?
Or do you mean insurance rates are going up because of fires in all of California. ? And thus. no actual damage at Highlands ? Thanks. PPK
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Is Highlands potentially impacted by the California wildfires? If not now, in the future?