Our expertise is in preparing Homeowner Association Budgets that not only meet Department of Real Estate (DRE) Guidelines, but also insure a successful well funded community. Within the HOA Budget we address all common areas, to break down the operating expenses and calculate the expenses for the long term function of the project.
Once your Budget is finalized you will receive a DRE Budget Worksheet (Form RE623) showing operating expenses and long term reserves. The DRE budget will also include (Form RE624A) which defines the common area. We will submit the required budget worksheet to the necessary parties upon completion.
We will send you our Questionnaire form for Association Budgets or you may download it on the Forms page of this website.
Will be sent with your proposal.
50% of the fee will be required in most cases.
Review 1st draft - You will receive your first draft for review within 7 to 10 Business Days in most cases. There will NOT be any additional charges for normal revisions while in Draft Stage.
Approval of Association Budgets – If there are no additional changes, the HOA budget or DRE Budget can be finalized in 7 to 10 business days in most cases, from the date the client/subdivider approves the budget.