O∙u∙r Board of Directors assesses each homeowner quarterly dues for maintenance of the common areas and other expenses, including electricity for parking lot and sidewalk lights, liability insurance, bonding for Board members, state incorporation fees, and social activities.
Assessments are $280 per quarter, due at our post office box on the first of January, April, July, and October. The Board is authorized to impose a 8% per year penalty if assessments are not paid by the end of the months they are due. It is further permitted to attach a lien to a property where dues are delinquent. (Bylaws, Article IX)
Dues may be paid quarterly, semi-annually, or annually by either of these two methods:
An automatic or manual bill payment from your bank payable to Carlyn Square Association. (Your bank will send a check to our post office box.)
A personal check payable to Carlyn Square Association at P.O. Box 1146, Bailey's Crossroads VA 22041-0146
Only the Board may authorize Association expenditures.
The treasurer issues a financial statement at the monthly Board of Directors meeting. This statement may be read here.