Avondale Grove Homeowners Association
Annual HOA Assessment Payment Schedule
HOA assessments are $900 per year. $450 due on January 1 and $450 due on July 1.
Invoices are sent out on January 1 and July 1 as reminders.
Late fees will be added to a Member's assessment balance owed if their payment is not received by the 31st of January
for the first half assessment payment or by the 31st of July for the second half assessment payment.
The late fee and collection process is outlined below:
Adopted 2/1/2012
Month 1 (2/1 or 8/1), second invoice (Letter #1), with late notice plus $25 late fee
Month 2 (3/1 or 9/1), third invoice (Letter #2), with late notice plus additional $25 late fee for a total of $50 in late fees
Month 3 (4/1 or 10/1), letter from Board of Directors as notification to respond to
the Board of Directors with a detailed payment plan or the collections process will be referred to the Homeowner Association's attorney
Payment plans received will be reviewed by the Board of Directors. The member will be notified of the Board of Director's approval or with
the Board of Director's requested modification to the Member's proposed payment plan.
Payment plans approved by the Board of Directors but subsequently not honored by the Member will be
referred to the Homeowner Association's Attorney for collections 1 day after the default date.
Two weeks after Month 3 letter, if no response, collections request will be sent to
the Homeowner Association's attorney to begin a more formal collections process.
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