Fees Charged | catawbawoods

REMINDER OF FEES CHARGED:

Quarterly Billing Late Payment Fee: Late Pay Fee = $25, per month until paid in full. NOTE: Our invoices are due 15 days from billing date.

NOTE: We will waive one late payment. If you are charged a late fee, it was because you were late, and you have already used your one-time waiver. Please pay it as this charge will go onto your next bill until it is paid.

Please make sure your email address is up to date, so you receive your invoice. We email all invoices with a “confirmed receipt” notification, so we know the email made it to your email provider.Please check email and spam to avoid late fees. In the meantime, put the following dates on your calendar. If you have not received the invoice via email by these dates, please check your email, spam folder, etc.:

- January 5

- April 5

- July 5

-October 5

Again, if you have not received your invoice by these dates, there is a problem. Notify Pam Boytim ASAP.

Paper-Based Bill/Mailing Fee: $25. If you do not make payment and we must mail your invoice, we will add a $25 for the printing, processing, and mailing of the paper-based invoice.

Administrative Fees: $100/hour. This would be charged when an occurrence takes place whereby the Board spends substantial time, defined as more than 2 hours, navigating, investigating, and resolving an issue that ultimately is defined as something for which the owner is responsible. These matters may include water leaks/freezing pipes, owners encroaching on another’s property, and insurance-related or legal issues that result in the Board spending time unnecessarily to resolve a matter that ultimately is proven to be a matter in which an owner is responsible.

Selling/Buying/Refinancing a Condo: $150 fee is charged for the facilitation of bank questionnaires, title companies’ paperwork and any other administrative processes involved in supporting the transfer of ownership and/or refinancing of a property.

Violation of the Declaration, Bylaws and Association Rules: $50 per occurrence if the violation is not resolved within a reasonable time. Owners will receive notice of the Enforcement Assessment and have the right to a hearing before the Board of Directors. The procedure for requesting a hearing will be specified in the notice and can be found in Subsection 12.06(e) of the Bylaws (Vol. 1218, Pg. 573-574).

SEASONAL PREP OF CONDOS – OWNERS RESPONSIBILITY:

Spring: Uncover AC’s, clean Limited Common Areas – remove dead plantings, weed, mulch, etc.
Summer: Continue to maintain Limited Common Areas.
Fall: Install covers on all AC units, remove and store hoses, continue to maintain Limited Common Areas.

GARBAGE REMOVAL: Should you have anything to dispose of that DOES NOT FIT in the dumpsters provided, please arrange to have it removed from the property. Any owner who leaves any debris at the dumpsters that is not picked up by Lake Disposal, will be assessed a minimum of $100 flat fee, and $50 per day until it is removed, or the cost of time and the expense to dispose of it on your behalf. NOTE: Lake Disposal will schedule a bulk pick-up, if needed. Please contact them directly for more information.