KOGER EQUITY INC
DEF 14A, 1997-04-18
REAL ESTATE INVESTMENT TRUSTS
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                                  SCHEDULE 14A
                                 (Rule 14a-101)

                     INFORMATION REQUIRED IN PROXY STATEMENT
                            SCHEDULE 14A INFORMATION

          Proxy Statement Pursuant to Section 14(a) of the Securities
                     Exchange Act of 1934 (Amendment No.      )

Filed by the Registrant [ x ]

Filed by a Party other than the Registrant [  ]

Check the appropriate box
[   ]     Preliminary Proxy Statement
[   ]     Confidential, For Use of te Commission 
          Only (as Permitted by Ruel 14a-6(c)(2))
[ x ]     Definitive Proxy Statement
[   ]     Definitive Additional Materials
[   ]     Soliciting Material Pursuant to Rule
          14a-11(c) or Rule 14a-12

                               Koger Equity, Inc.
- --------------------------------------------------------------------------------
                (Name of Registrant as Specified in Its Charter)

                                      N/A
- --------------------------------------------------------------------------------
    (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)

Payment of Filing Fee (Check the appropriate box):

[ x ]     No fee required.
[   ]     Fee computed on table below per Exchange Act
          Rules 14a-6(i)(l) and 0-11.
     (1) Title of each class of securities to which transaction applies:
- ---------------
     (2) Aggregate number of securities to which transaction applies:
- ---------------
     (3) Per unit  price  or other  underlying  value  of  transaction  computed
         pursuant to  Exchange  Act Rule 0-11 (set forth the amount on which the
         filing fee is calculated and state how it was determined);
- --------------------------------------------------------------------------------
     (4) Proposed maximum aggregate value of transaction:
     (5) Total fee paid:
     [   ] Fee paid previously with preliminary materials.

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[   ] Check  box if any part of  the fee is offset as provided  by Exchange  Act
      Rule 0-11 (a)(2) and identify the filing for which the  offsetting fee was
      paid  previously.  Identify the previous filing by registration  statement
      number, or the form or schedule and the date of its filing.

     (1) Amount Previously Paid:

- --------------------------------------------------------------------------------
     (2) Form Schedule or Registration Statement No.:
                                      N/A
- --------------------------------------------------------------------------------
     (3) Filing Party:

- --------------------------------------------------------------------------------
     (4) Date Filed:
                                 April 18, 1997
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