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HOA Assessments, Fees & Fines: Village Square At Lea Hill

The following is the delinquency policy, fine policy, and schedules for fees and fines, as provided for in the Declaration of Covenants, Conditions and Restrictions of Village Square at Lea Hill Condominium Association and RCW 64.38.020.

Assessment Amount Per Home (2019) $ 1,560.00 Annual
Due Date (2019)   01/01/2019 monthly, 1st of each month
Grace Period   30 There is a 30 day grace period.
Assessment Late Fee $ 35.00 per month
Assessment Delinquent Interest   NA  
Returned Check Fee (each check) $ 25.00  
Lien Filing/Release Fee $ 450.00  
Legal Handling Fee $ NA  
Escrow Transfer and Resale Certification Fee $ 150.00  

 

Fines

First Notice   none
Second Notice Fine $ none
Third Notice Fine $ 25.00
Fourth Notice Fine $ 100.00
Fifth Notice Fine - board discretion $ 25.00 - 250.00
Rental Cap Violations-monthly $ $1,700 or going monthly rental rate