Dues Collection Policy
Dues Collection Policy
1. Dues are collected once a year.
2. Invoices are to be mailed out no later than January 15th of each year.
3. Due date for collection is February 1st of each year.
4. Unpaid dues are considered late February 28th of each year and are immediately assessed a $75 late charge.
5. Unpaid dues as of February 28th will be referred to HOA attorney to be sent a letter.
6. Homeowners will have 30 days to respond to attorney and pay dues.
7. If no action is taken on the part of the delinquent homeowner, a lien will be filed through the attorney office. The lien will include the costs of the attorney to file lien and attorney’s fees for time spent on that homeowner’s situation
8. If continued nonpayment occurs, the board of directors can instruct the attorney to start foreclosure proceeding on the residence.
All efforts are made to make contact with the homeowner throughout this process to arrange payment options. The board of directors will work with any homeowner to get each year’s dues paid.
It is the responsibility of the homeowner to acknowledge the debt and work with the board of directors in reaching an agreement.
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