Yes. Our systems will charge the owner a fee of $25 for any returned check payments.
...How are the monthly assessment charges applied to each owner’s ledger?
During the setup process the board will inform us of each owner's monthly assessment charge. On the first of each month our systems will apply a charge to the owner's statement in the correct amount.
...How do you handle special assessments?
During the signup process the board will make us aware of any existing or scheduled special assessments. These will be submitted to our systems so that owners are charged appropriately. If a new special assessment is levied the board will make us aware. The board will receive a confirmation from the support...
NY: Nancy Lane in Tottenville has become a block divided
News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network