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Thursday, September 02, 2010

New delinquency fee

The following letter was sent to all 82 Kenthill Townhomes homeowners on 06-30-10. Just to be 100% clear, this new fee is in addition to the regular $15 late fee for paying late one's homeowners dues.

to: ALL KENTHILL TOWNHOMES homeowners
from: KENTHILL TOWNHOMES board of directors
subject: delinquency statement processing fee
date: JUNE 30, 2010

Due to the increased scope of work resulting from efforts in collecting on delinquent accounts, SUHRCO Residential Properties, LLC has instituted a Delinquency Statement Processing Fee. This Delinquency Statement Processing Fee is $15.00 per month for each month a First Notice or Second Notice is sent to any homeowner whose account is not paid in full. No Delinquency Statement Processing Fee will be charged on the initial delinquency statement.
Your Association Board of Directors has the authority to pass on the Delinquency Statement Processing Fee to each owner receiving a First Notice or Second Notice. Therefore, in addition to your Association’s established Late Fee, each delinquent account will be assessed the $15.00 Delinquency Statement Processing Fee.
In order to avoid this additional fee, please pay your account in full each month by your Association’s established grace period.
Please contact your Property Manager with any questions regarding the Delinquency Statement Processing Fee.
Thank you!