Palmetto Place Condominiums - Charleston's Best Value in New Condominiums East of the Cooper

	Monthly	Annual
Landscaping and Irrigation Maintenance	$15.00	$33,480
Building Maintenance	$10.00	$22,320
Parking Lot Cleaning and Site Lighting	$10.00	$22,320
Trash Removal	$5.00	$11,160
Pool Maintenance	$5.00	$11,160
Pool Chemicals	$1.00	$2,232
Pool and Cabana Utilities	$3.00	$6,696
Cabana Cleaning and Supplies	$3.00	$6,696
Common Area Utilities	$3.00	$6,696
Property Insurance	$50.00	$111,600
Pest Control	$5.00	$11,160
Property Taxes	$0.00	$0.00
Miscellaneous Repair	$5.00	$11,160
Fees/Permits	$1.00	$2,232
Bank Charges	$1.00	$2,232
Legal/Tax Preparation	$1.00	$2,232
Property Management	$10.00	$22,320
Reserve	$21.00	$46,872

Total Annual Budget and Reserve	$149.00	$332,568

The information provided herein concerning the operating expenses and the annual budget of the to be formed Condominium Association are projections only and the developer does not warrant the accuracy of such projections. The operating expenses and the annual budget are subject to change and will change annually. The developer reserves the right to change the same without notice or obligation.