trilogy at vistancia community association ... - My Trilogy Life

will explain the process that will
take place on the last day of the
month (approximately 60 days
delinquent).
Last day of following month (60
days delinquent):
90 days after assessment was
originally due:
Returned checks:
If payment is not received within
two months after its due date, a
letter will be sent to the Owner
demanding full payment of the
assessment and the late charges.
In addition, a rebilling and
processing fee plus a lien fee will
be added to the Owner’s
delinquent account and a lien
will be recorded on the Owner’s
property. At this point, payment
must include all late charges and
fees and be paid by cashiers
check, certified check or money
order. The lien will remain on
the property until the account is
current.
The matter is referred to an
attorney or collection agency for
collection. Remedies may
include filing a lawsuit against
the delinquent Owner. Any fees
incurred in the collection of this
matter will be charged to the
delinquent Owner. All Owner
privileges, including the right to
vote and the right to use the
Common Area (except that no
Owner will be denied access to
his Lot) will be revoked until full
payment is received.
There will be a charge for checks
not paid by an Owner’s bank.
All fees and charges for delinquencies will be at the cost charged to the Association by
the provider of the services.
The fiscal year for the Association is the calendar year. The amount of the Annual
Assessment will be determined each year by the Board and all Owners will be notified of the
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