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Maintenance fees, effective January 1, 2009, are as follows:
2 Bedroom $98.72 3 Bedroom $106.48
2 Bedroom w/ $108.60 3 bedroom w/ $115.99
Rule 1984-3 FEE COLLECTION
Intent: Timely payment of maintenance fees and assessments are essential to provide the association with the funds required to maintain normal business operations and the common elements. The costs of untimely payment and unpaid assessments should not be borne by those who are responsible in their obligations as homeowners.
1.If your maintenance fee or other special assessment is received after the 10th of the month in which it is due, and/or any check for payment is not paid by your bank, the Association will levy a special assessment of $15.00 as an administrative fee for the costs of collection.
2.The administrative fee of $15.00 will be levied against each month's payment that is past due and against each check that is unpaid. These fees will continue to be assessed after a lien has been filed and after legal action has been taken until all of your assessments are paid in full.
3. You will be responsible for paying the full cost of collection, including reasonable attorney's fees, bank charges and other costs which will be charged to your unit in addition to any administrative fees.
4. If conditions prevent you from making your payments, you will notify the Association and arrange a payment plan subject to approval by the board of managers.
General Information
A. Monthly maintenance fee assessments are due on the first day of the month whether or not a statement is received.
B. A lien is chargeable against your unit for any assessments which remain unpaid for ten (10) days after they are due and payable.
C. Legal action (including, but not limited to, lawsuits and/or foreclosure) will be taken if assessments exceed an amount determined by the board of managers from time to time.
D. The Association's lien and foreclosure priorities are second only to your taxes and first mortgage.
E. Your payments may not be reduced or withheld for any reason.
Rule 1984-3 Fee Collection Collections Policy
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