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Updated over 4 years ago,
Initial Purchaser in Townsite Development--wording?
Can someone please help me out with the meaning of this (photo attached). Does this mean the first purchaser of a lot after the townsite was developed? Or would it more likely mean any future buyer of any lot in the townsite? Trying to figure out if I, as a buyer, am to pay this $200 "initial assessment" to the HOA? Or does it mean the first buyer of the particular lot after it was developed, years & years ago?
Any thoughts, help, would be *greatly* appreciated. :)
Thank you!
~Julia