My HOA has put forth a proposal to charge a one half of one percent of the selling price fee each time a house is sold. I know what that means and how that translates to a real life example of a house that sells for $300,000 would pay a $1,500 fee.
The HOA in their formal language proposal states a ".5% fee." Is .5% the same as .005 or one half of one percent, which is their intent. What is the best way to write their intent mathematically/numerically so everyone is clear that proposed fee is one half of one percent? I don't know if it's proper to have both a decimal and percent symbol at the same time.
The HOA in their formal language proposal states a ".5% fee." Is .5% the same as .005 or one half of one percent, which is their intent. What is the best way to write their intent mathematically/numerically so everyone is clear that proposed fee is one half of one percent? I don't know if it's proper to have both a decimal and percent symbol at the same time.