Collections Guidance: Support for Overdue Payments

ASSESSMENTS

Annual Assessments

ASSESSMENT AMOUNT

The current annual assessment amount is $1,225.  These fees are applied to the routine operation of the community. Assessments run as a deed restriction for each lot owned within the Tartan West Community Association. The requirement for annual assessment payment is not contingent on resident issues with other account items such as past due amounts, fines or other topics.

OVERDUE PAYMENTS

If payment in full is not received by the due date, a late notice is mailed the month following the due date. These monthly late notices continue until an account is paid in full OR the criteria for being turned over to collections has been met.

Accounts that meet BOTH of the below criteria are turned over to the Association’s attorney:

1.  Overdue balance of $300.00 or more

2. Overdue for six (6) months or more

All account related communications must take place with the Association’s attorney:

    

Kaman & Cusimano

8101 North High Street – Suite 370, Columbus, OH 43235

614-882-3100