Each property is assigned equal and proportionate ownership in the common elements and general expenses of our community. The current dues are $100 per month and Owners should be aware of the list of services included.
Association Dues Payment Policy
- The Association accepts the following forms of payment: personal checks, money orders, certified, cashiers, or treasurer’s checks as well as direct mail payments made using your online banking software. However, the preferred method are online payments made using your secure Resident Center with the Property Mgmt office. One-time or monthly Automatic Recurring Payments from your account may be arranged using the portal or this form.
- Make checks payable to: “Princeton Wood HOA” and mail to our property management office.
- Please make certain to note the address or account # on your check or for faster credit include the payment coupon that is provided at the start of each year. Contact the office for coupon booklet if you do not have or would like one.
- Association Dues are assessed on the 1st of each month. If payment is not received on or before the 15th of the month, a $10 late fee is imposed.
- A $35.00 returned check fee will be applied to any Owner’s account that has a check returned unpaid by the bank, without regard to the reason.
- Accounts 90-days delinquent will be sent to our collections agency who will contact Owners to request payment of outstanding dues and may charge a fee as well as place debt collections efforts on their credit report.
- For accounts six (6) months in arrears, our Attorney will initiate Court Proceedings. All Attorney fees, Court fees, and any Collection costs will be added to the account as incurred and a lien will be placed on the property until the balance has been paid in full.
www.PrincetonWood.org 