Master association
Property Owners Association of Balmoral, Inc.
Applies to: Balmoral Sections 1-27, part of Balmoral Bend Drive Reserves/Estates, and Balmoral East Sections 1-3 (per the recorded management certificate)
- Management
- Principal Management Group of Houston (Associa PMG Houston) · 713-329-7100 · Website Source
- Resident portal
- Owner login (owners only; we did not access it)
- Assessment
- The association does not publish its assessment amount on a public page we could find. Ask the management company, or get it from the resale certificate during your option period.
- Other published fees
- New account setup fee: $65.00 Source
- Resale certificate: $340.00 (update $75.00) Source
- Legacy account closure fee: $220.00 Source
- Refinance statement of account: $75.00 Source
- Expedite fee for resale certificate: $175.00 (1 day); $125.00 (3 day) Source
- PMG transfer fee: $220.00 Source
- Operating fund capitalization fee (Declaration Art. V, Sec. 5.7): 50% of the then-current annual assessment; $412.00 when the certificate was signed Feb. 23, 2024 (paid by each owner other than developer/declarant/builder on acquiring title) Source
- Reserve fund capitalization fee (Sec. 5.8, builder transfers only): 1/4 of the annual assessment; $206.00 in Feb. 2024 Source
- Administrative fee (Sec. 5.9): up to 1/3 of the annual assessment; $274.67 in Feb. 2024 Source
- Adopt A School assessment (Sec. 5.10): $100 builder-seller plus $100 purchaser on first sale; 1/4 of the annual assessment ($206.00 in Feb. 2024) on later sales Source
- Community enhancement fee (Sec. 5.22): $950.00, paid by any purchaser other than the developer, declarant or a builder Source
- Resale certificate
- Request the resale certificate and HOA documents from the management company named above. Source
