Pine Hollow HOA Assessing New Fees – Homeowners Be Aware
According to our new management company, the Pine Hollow HOA is now assessing a new administrative fee of $20 if a homeowner receives a third violation letter. According to the Graham management company representative, the management company is not assessing an additional fee for sending the third letter to the Association. The $20 is being given directly to the Association. Essentially, this is a way for the Association to “fine” homeowners and raise money for the Association. Therefore it is in the best interest of the Association to see that third letters are sent to residents so that the Association can get more money.
This fee will then be applied to your account. It may be subjected to interest charges. If the association chooses they can turn this $20 unpaid fee over to the attorney for collection which then means that the homeowner will be responsible for attorneys fees on top of everything else.
The Board has not made homeowners aware of this new fee. Again a fee that is solely a way to “fine” residents and raise money for the Association. How many more “fees” will residents be subjected to that we will stumble upon? The real cost of living in the Association has now gone up although the Association will state that the dues have remained the same. Homeowners be aware and on the look out for additional “fees”.