Prospective purchasers of unimproved lots in Hot Springs Village AR should understand that if they submit the winning auction bid they will not be liable for the unpaid debts of previous property owners. However, going forward for the year 2025 they will be required to pay a one time buy-in fee of $300.00 for the first property purchased, a $150.00 transfer fee for each property purchased and an ongoing monthly assessment fee of $50.42 on each property purchased. Unpaid assessment fees could result in the Hot Springs Village Property Owners Association filing a claim of lien against the property.