FAQ

Q: What are Home Owners Association Dues?
A: These are your prorated share of fees paid on a monthly basis as an owner of a condominium at The Gates at Williams Brice. These fees are also known as Regime fees.

Q. Where should payments for HOA Dues be Sent?
A: The Gates at Williams-Brice
c/o Preferred Properties
1216 Pickens Street 
Columbia, SC 29201

Q: Who governs the HOA?
A: A group of residents serve as the board of directors of the HOA.

Q: How do I become a part of the HOA Board of Directors?
A:  Please contact your on-site manager for more information.

Q: What are typical HOA fees?
A:  Fees are based on the size of your unit. Please contact your on-site manager for more information.

Q: What are my HOA dues used for?
A: Expenses paid for and built into the Home Owner's Association Budget include: structural insurance, game day activities, basic cable TV, internet, water/sewer/trash, landscape maintenance, maintenance, on-site security (limited hours) and electricity for all common elements such as the pool, hot tub, fitness center and TV Lounge.

Q: Do we have a reserve in our HOA assessment? Why is this important?
A: The biggest reason to have reserves for the association include but not limited to, future opportunity to sell or refinance your property. Lenders will ask for a statement from the Association detailing the reserve funds in place. Lenders do not like to lend to buyers if there are not reserves or even sufficient reserves allowing the cost to make repairs that may be necessary to the property while they have a Mortgage on it. In short, without reserves for the association, you will most likely have a very difficult time either selling or refinancing your property.

Q: Who will manage the Home Owners Association?
A: Preferred Properties, a division of Wolfe and Taylor, Realtors┬«  manages The Gates Condominium Association. Wolfe and Taylor has more than 75 years as Columbia's leading Property Management and Real Estate Company and can be reached for further questions at (803) 771-4567.