Collection Policy

EXHIBIT “A”

COLLECTION POLICY

 

March 31:   Due Date.      Annual Association Fee is due.


Enforcement for Delinquent Assessments:

Day 16 – Late Date.   In accordance with the Declaration at Article IV, Section 4.08, the annual assessment fee shall be due and payable on the date established by the Board, and any assessment that is not paid within fifteen (15) days of the Due Date may incur a Late Fee in the amount of the greater of Five Dollars ($5.00) or ten percent (10%) of the amount of each assessment. Continue reading