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HOA Assessments, Fees & Fines: Brandon Meadows

The following is the delinquency policy, fine policy, and schedules for fees and fines, as provided for in the Declaration of Covenants, Conditions and Restrictions of Brandon Meadows Homeowners Association and RCW 64.38.020.

Assessment Amount Per Home (2019) $ 450.00 Annual
    450.00 Quarterly 
Due Date (2019)   01/01/2019 Paid in full quarterly (due the last day of each quarter 3/31, 6/30, 9/30, 12/31)
Grace Period   15 There is a 15 day grace period.
Assessment Late Fee $ 25.00 per month account is past due by 30 days or more
Assessment Delinquent Interest   1% per annum
Special Assessment Late Fee $ 25.00  
Special Assessment Delinquent Interest   1% per annum
Collection Service Fee $ 25.00 per month
Returned Check Fee (each check) $ 25.00 Does not include any issuing bank fees
Lien Filing Fee and Release Fee $ 330.00  
Legal Handling Fee $ 50.00  
Escrow Transfer Fee $ 75.00  

 

Fines

First Notice Fine   none
Second Notice Fine   none
Third Notice Fine $ 150.00
Fourth Notice Fine (per day) $ 25.00
Stop work Fine (per week) $ 0.00