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Buy-in Fee Rescinded for Hot Springs Village Property Acquired Through Inheritance

At the February 16, 2022 Board Meeting, Vice-chair, Tucker Omohundro presented a motion to rescind a buy-in fee for inherited property. The new owner must provide a copy of the recorded deed and transfer. Click here to read the previous discussion on this issue.

It sounded like Chris Jones seconded the motion.

Omohundro said, “basically this is to do away with the buy-in fee for inherited property.”

The motion passed unanimously.

Acquisition of Real Estate Title Through Inheritance

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Cheryl Dowden, HSV People, February 20, 2022

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