Monthly HOA Dues
For 2026, The Hamlet monthly dues are $140.00 per month. Homeowners should set up payment options in the Abaris Management portal.
HAMLET DUES PAY FOR:
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- Maintenance of current cluster assets
- Funding reserves for future major expenses
- Funding improvements to cluster common property
- Trash and recycling services
- Snow treatment and removal services
- Landscaping including mowing of front yards
- Other common ground maintenance and upkeep.
- Management of the Cluster
What Are HOA Reserves?
HOAs build reserves gradually through a portion of regular monthly or annual dues paid by homeowners. A professional reserve study assesses these shared elements, forecasts future expenses based on their expected lifespans, and recommends appropriate funding levels.
HOAs collect reserves to proactively prepare for inevitable wear and tear on common property elements, rather than reacting to issues as they arise. This involves:
- Anticipating major expenses: Items like repaving parking lots or replacing retaining walls that have predictable lifespans (e.g., 10–30 years), so reserves ensure funds are available when needed.
- Avoiding financial shocks: Without reserves, HOAs might impose sudden special assessments (one-time fees) on owners, which can be burdensome, especially during economic downturns.
- Complying with legal requirements: Virginia law mandates that HOAs conduct reserve studies and maintain adequate funding to protect the community’s financial health.