Late fees are calculated and charged to owner's ledgers automatically by the eManageSuite platform according to preset parameters defined during the account setup process.
...How can an owner review their ledger for accuracy or to confirm the receipt of a payment?
All owners have full access to their account ledger using the Homeowner Website online account management. This online tool provides a complete history of all charges and payments on the owner's ledger and also allows owners to make E-Payments. You can learn more about online account management here. Owners...
Can the board review a particular owner’s ledger if required?
Board members may view or print the account ledger in real time through eManageSuite.
...HOA fines without hearing
Q. My HOA charged me with a violation of the restrictive covenants. The HOA’s property management company began assessing fines on my account on the same day the violation letter was dated, meaning I had several days of fines on my account before the letter came. I was granted a hearing before the board of directors. It has been 72 days since that hearing and the board still has not ruled. The fines are still accruing daily and total nearly $12,000.
Is it legal for fines to be assessed like this? Is there any law that requires the Board to render a decision in a certain amount of time?In North Carolina, fines can be levied against homeowners for violation of the Community’s Declaration (CCR), bylaws, or rules and regulations, but only after the homeowner has been given written notice of the violation and the opportunity to be heard before the board or a panel appointed by the board.