Orange County NC Website
Lessee may expect that up to the full amount of reserves will be available for capital replacement <br />needs but Lessee will bear capital replacement costs in excess of available Stewardship Fee <br />Reserves. <br />No later than September 30th of each year, Lessor will make available upon Lessee’s request a <br />detailed report of Stewardship Fee Reserves transactions for the prior fiscal year. <br />Lessee agrees to attend a home maintenance class offered by Lessor after purchasing the <br />Leasehold Estate. Because regular home maintenance reduces long term repair costs, Lessor will <br />reduce the amount of Lessee’s monthly Stewardship Fee by five dollars after Lessee has <br />completed the home maintenance class. Lessee may attend additional home maintenance <br />classes, but will not receive additional fee reductions. <br /> <br />DocuSign Envelope ID: 1C608BEC-B713-4BE4-9E53-CD92D598627F