HERITAGE VILLAS FAQs

HERITAGE VILLAS REGIME FEE, POA FEE, OWNER RULES & REGULATIONS

Sea Pines Real Estate | Hilton Head Island, SC

Q: Is There a Property Owners Association/POA Fee for Heritage Villas?
A: Yes, there is an annual Heritage Villas POA Fee, mandated by its association with the Sea Pines community. To see the current annual Sea Pines POA Fee, click here.

Q: What Costs are Covered by the Property Owners Association/POA/HOA Fee?
A: Heritage Villas POA Fee covers costs associated with roadways, guard gates, common area amenities such as bike paths and community pools, lagoons and landscaping.

Q: Is There a Condo Association/Regime Fee for Heritage Villas?
A: Yes. The Heritage Villas Condo Association/Regime Fee is based on the square footage of the unit as a percentage of the overall ownership in the complex, and that fee is paid on a monthly basis.

To see the current monthly Regime Fee for Heritage Villas Condo Association/Regime Fee, click here.

Q: What Costs are Covered by the Condo Association/Regime Fee?
A: The Condo Association/Regime Fee is a combined charge for various services that are necessary for the proper functioning of the Heritage complex. These services include maintenance, insurance, and overall management of the complex.

Read More About Capital Reserves

Taking a proactive approach with these measures is intended to save money for the ownership in the long run. The funds are set up to help the board avoid having to levy special assessments. However, these assessments may still be necessary at times to pay for certain projects. Most complexes of this kind follow a 30-year capital project plan that is reviewed every 5 years to assess the future needs of the complex. These evaluations form the basis for the capital assessment portion of the monthly condo/regime fee.

Q: Is there an ownership transfer fee for Heritage Villas to be paid to the Regime?
A: No, Heritage does not have a transfer fee payable to the Regime at closing.

Q: Is there an ownership transfer fee for Sea Pines properties?
A: No, Sea Pines does not have a transfer fee payable to the POA.

Q: Is there an ownership transfer fee for Hilton Head Island properties?
A:Yes, Hilton Head Island has a one-time transfer fee of 0.25% levied on every property sale on the island.

Hilton Head Transfer Fee Details

Around 30 years ago, Hilton Head Island established a land buying and parks reserve fund, which is financed by a transfer fee charged on every property sale that takes place on the island. This initiative has been very effective in acquiring properties that would have otherwise been developed, which could have led to increased traffic and congestion on the island. A significant portion of the land purchased has been designated as nature preserves, while the rest has been converted into the wonderful parks that we enjoy on the island today. For more information on this, please visit: Hilton Head Island Real Estate Transfer Fee

Q: Where can I find the documents containing specific rules and regulations for a Heritage Villa owner?
A: You can access the links* below to find these documents.

Click for Links to Rules and Regulations

Heritage Villas Master Deed & ByLaws

Q: What is the pet policy for Heritage Villas?
A: Heritage Villas allow pets for owners only.

Q: Do Heritage Villas allow rentals?
A: Yes, Heritage Villas allow short term rentals of property in their complex.

* All information on this website regarding a property for sale, rental, taxes or financing is from sources deemed reliable. However, since they have been provided by third parties, no representation is made as to the accuracy or completeness thereof, and such information is subject to errors, omission, and/or change of fees. Each customer should consult with his/her own professional adviser or expert to make a determination of the validity of the information contained herein.