Coupon Books: Each unit owner would receive on coupon book containing twelve payment tickets. On ticket is to be sent in with one month's assessment payment.
Monthly Assessment Statements can be issued if desired. Statements will be issued two weeks prior to the first of the month. All statements will include a detailed history of any delinquencies on the account. All assessment payments are date stamped immediately upon receipt. The payments will be recorded and deposited into the Association's bank account by Management. Your association is free to do business at the bank of your choice.
Delinquent Accounts: Management will forward any delinquent accounts to the Association's attorney. We will then update the board on delinquent accounts at the following Board Meeting.
Delinquency Notices: All delinquent accounts will be issued a notice and statement of account three business days after the assessment is due.
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