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Homeowners residing within the HOA community receive on a
yearly basis the
Rules & Regulations of Home Owners' Association
living
Here is a brief summary and Partial Ruling of the payment
assessment
process:
Prompt payment of assessments by all owners is
critical
to the financial
health of the Association, to the enhancement of the
property values of
homes and for the health, safety and welfare of the
owners and tenants
Assessments are the lifeblood of the AssociationThe
Board of Directors
takes very seriously its obligation under the Declaration
of Covenants,
Conditions and Restrictions (the "CC&Rs")
and the California Civil Code to
enforce the owner's obligation to pay assessments
Assessments, late charges, interest and collection
costs, including any
attorneys' fees, are the personal obligation of the owner
of the property at
the time the assessment or other sums are levied(Civil
Code Section
1367(a); Civil Code Section 1367.1(a).)
Regular monthly assessments are due and payable on the
first day of each
monthAll other assessments, including special
assessments, are due and
payable on the date specified by the Board in the Notice
of Assessment,
which date will not be less than days after the date
of notice of the
special assessment
Any payments made shall be first applied to
assessments owed, and only
after the assessments owed are paid in full shall such
payments be applied
to late charges, interest, and collection expenses,
including attorneys'
fees, unless the owner indicates the payment is to be
applied in a different
manner, or the owner and the Association enter into an
agreement providing
for payments to be applied in a different manner
Assessments not received within days of the stated
due date are
delinquent and shall be subject to a late charge of
$or 10% of the
delinquent assessment, whichever is greaterAssessments
delinquent more
than days will be sent to a collection agency where
foreclosure
proceedings will take effect
For more information pertaining to delinquent assessments
Homeowners are
encouraged to review their CC&R's Rules &
Regulations policy on the matter
Past due billing statements are submitted to delinquent
accounts in a timely
manner.
As such, per the CC&Rs "Collection Policy of the
Association" the
complainants' account was submitted to collections
Thereby, the Homeowner's dispute was reviewed and denied;
as we found no
accounting errors
Regards,
RPL Management for
Solvang Condominiums Owners' Association

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