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Sharable Comments

For Project: A002607/001 - INDIANRIDGE CONDOMINIUMS
There is one entity that owns 2 units, which is 6% for one entity owning 2 units. Due to fiscal yr 2011, the HOA experienced financial loss in the amount of $6,319. A substantial portion of the loss was due to $4,605 in delinquent maintenance fees that were written off during this period. Included letter of explanation regarding deficit in the package. However, the HOA is allocating 10% in reserves, and the deficit has not had an adverse affect on the project.

 

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