Friday, December 27, 2013

New Year, New Fees

Many Princeton Landing homeowners will be surprised when they look at their maintenance bill this month—but not as surprised as residents in Parcel 1. The fee increases for many parcels once again demonstrate the inability (or is it unwillingness?) of the community's leadership to control costs. But this year Parcel 1 has a new fee on its bills—for a "Litigation Fund" amounting to as much as $90 per residence. There was no warning at all from the Board of Directors, the Parcel 1 committee or  the management company that this fee was coming. There is no explanation on the bill. And there is no indication whether it's going to appear each month or is a one-time charge. This is yet another example of the lack of transparency on the part of Princeton Landing's current leadership.