HASLEY HILLS HOMEOWNERS ASSOCIATION
BILLING PROCEDURE/DELINQUENCY POLICY
Homeowners receive monthly billing coupons
prior to the first of each month However it is the owner of
record’s responsibility to pay each assessment in full each month
regardless of the receipt of a statement or coupon. Their
homeowner accounts are assessed on the first of each month.
Payments are due on the first (1st)
of each month and are considered delinquent on the fifteenth (15th)
of that month. If payment is not received within the 15 days of the
stated due date, a $10 late fee will be assessed to the homeowners
If the account remains delinquent on the
fifteenth (15th) of the second month, a $10 late charge
is assessed and the homeowner is given 10 days to bring their
account current. A $10 late charge is assessed each month
thereafter as long as the account remains delinquent in assessments.
If the account is not brought current, the
homeowner’s account is assessed $100 for preparing the delinquent
owner’s collection file to be sent to the Association’s legal
counsel or Association’s representative for a certified
pre-lien warning. If payment in full is not received by the
Association within the timeframe requested by the attorney or the
representative, a lien can be recorded against the property as
outlined to the homeowner in the pre-lien letter.
If the lien is not satisfied within thirty (30)
days, the Board may elect to foreclose on the lien to collect
payment in full if the delinquent assessments are equal to or exceed
$1800 or the assessment are 12 months delinquent.
All collection and legal fees will be the
responsibility of the homeowner.
Interest in the amount of 12% per annum will be
assessed on the last day of each month. Homeowners who are charged
interest will receive a statement showing the total amount owed once
interest has been applied.
The Association may also proceed to collect
through small claims action
Application of Monies
Any monies received will be collected in the
following order: first current and prior delinquent assessments,
special assessments, late charges, legal fees, recreation center key
replacement fees, C&R fines, NSF bank charges and finally, any