***
Violation
of Covenants Policy ***
Fine Schedule for
Unpaid Assessments:
$25 late fee
12% Finance Charges on all assessments over 60 days past due
Assessments that remain unpaid for over 6 months will have a lien place
against that property
All legal fees and recording fees are the responsibility of the
property owner
Fine schedule for
property violations:
If
violation exists 30
days
amount due to Association: $250.00
If violation exists 60
Days
amount due to Association: $350.00
If violation exists 90
Days
amount due to Association: $450.00
If violation exists 120
Days
amount due to Association: $550.00
·
Every first
day of every following month thereafter, a $100 fine will be added.
Fine Schedule per Incident:
$250 Initial
Fine
$100 per each additional incident