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  • New Managemant Company starts April 1 - Access Management Group

Letter from the HOA President Concerning Payment of 2105 Dues



To All Falls of Cherokee/Ridgeview Property Owners:

 

On December 15th 2014, Access Property Management sent all property owners their 2015 Home Owners Association annual dues statement. That statement indicated a payment due date of January 1 2015, with a late charge being assessed if not paid by January 15, 2015. This dues billing statement was completely in line with our published Covenants, which state that the annual dues assessment becomes delinquent 15 days after the due date and that the HOA “may” choose to impose a 10% penalty on the unpaid balance.

 

What apparently has caused confusion is that the “delinquent date” on the statement sent last year for the 2014 billing, by our previous property management company, stated February 1. That date was in error and not in line with our Covenants. However, that erroneous date caused some property owners to be confused who may not have seen the 2015 delinquency date on this years billing.

 

For that reason, the HOA Board has decided to waive the delinquency fee for anyone who has been assessed that fee for failure to pay by January 15, 2015. That fee, however, will stand for anyone who is delinquent after February 1, 2015.

 

We apologize for the concern and inconvenience. We will insure that next years dues assessment statement is sent out well in advance and will be very clear in stating that the delinquency fee is only assessed if not paid within 15 days after the due date of January 1.

 

Mike Howe

HOA President

30 January, 2015

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