Frequently Asked Questions
Q. What happens if I'm late paying my monthly fee?
A. Here's a quick re-cap of the procedures as they're outlined in our Covenants:
- A $10 late fee is charged for payments received after the end of the month in which due.
- A Late Notice is mailed 30 days after the due date.
- A Warning Letter is mailed 60 days after the due date for balances of $50 or more.
- A Warning of Lien Letter is mailed 100 days after the due date for balances of $200 or more.
- A Lien is filed 135 days after the due date.
- A Warning of Suit Letter is mailed 180 days after the due date for balances of $500 or more.
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