HOA Dues

Association assessments are currently $125quarter and due the first day of the month in January, April, July, and October.

Three Ways to Pay Your Dues

  1.    Bill Pay through your personal banking institution, payable to Lake Pointe HOA.   Reference your    account number and have payments sent to:

Lake Pointe HOA

c/o FirstService Residential Austin

PO Box 65733

Phoenix, AZ 85082

 2.    Mail a check payable to Lake Pointe HOA with your statement stub to:

Lake Pointe HOA

c/o FirstService Residential Austin

PO Box 65733

Phoenix, AZ 85082

3.    Make online payment by E-check or credit card through Community Association Bank at https://cabpayments.mutualofomahabank.com .  Service fees may apply.

Fees and Penalties:

Although there is a 14-day grace period to allow for payment delays and bank processing, interest will accrue after the 15th of the month at a rate of 18% APY.  Administrative and legal fees may be applied to accounts over 60-days past due.

Assessment Collection Process:

30 Days Delinquent: A 'First Notice Letter' will be sent to property owner.  Interest accrues.

60 Days Delinquent: A 'Second Notice Letter' is sent via regular mail (pursuant to Texas Property Code) notifying owner of collection costs, and intent to file a lien if account is not paid in full within 30 days.  Interest accrues and a $25.00 administrative fee (to offset the certified mail expense) is applied to the account.

90 Days Delinquent: A 'Final Notice Letter' is sent via regular and certified mail (pursuant to Texas Property Code).  Letter explains that a Notice of Lien is being filed and a suit will be filed if the account is not current within 30 days of this notice.  A legal fee of $250.00 is assessed.  An Affidavit of lien is prepared, signed by a Board member or the management office, and filed with County Clerk’s office for recording.
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120 Days Delinquent: The Association attorney shall send an 'Intent to File Suit Notice'notifying owner of the lien amount and all related collection fees, attorney's fees, interest, and penalties.  Upon approval by the Board of Directors, a suit will be filed.


 
 

This site is provided by FirstService Residential