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Statement Clarification

posted Sep 14, 2013, 6:54 PM by Gregory Thompson   [ updated Dec 16, 2014, 2:43 PM ]
There is a slight clarification that I need to make about the statements that were recently mailed to all homeowners.

To the left of the payment coupon is this statement:

"We are in the process of transitioning records from your previous property management company.  This statement does not reflect any outstanding balances or payments to date, which should be reflected on your next statement.

To receive your $40.00 annual discount please pay $550.00 by October 31, 2013."

  1. Annual dues are still $550.  The due date is Oct 1st.  If no payment is received by Oct 31st, you will be assessed a $10 late fee and you will be assessed the quarterly option fee as well.
  2. The amount due on the statement lists $147.50.  This amount includes $10 of the $40 quarterly option fee. Paying this amount implies that you are accepting the quarterly charge.
  3. A majority of us pay annually to avoid this additional $40 charge.
Additionally, there are some accounts that have outstanding balances due. Another statement will be coming that will reflect this additional amount if applicable.