|
HOA Assessments, Fees & Fines: Bifrost Gate
|
|
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 Bifrost Gate (Declaration) and RCW 64.38.020.
| Assessment Amount Per Home (2023) |
$ |
635.00 |
Annual |
| Due Date (2023) |
|
01/01/2023 |
Paid in full or 1st of 2 Half Payments |
| Optional 2nd Due Date (2023) |
|
06/01/2023 |
2nd Half Payment |
| Split Payment Handling Fee |
$ |
25.00 |
When split payment option is selected. |
| Annual Assessment Late Fee1 |
$ |
50.00 |
Annual |
| Assessment Delinquent Interest2 |
|
12% |
per annum |
| Special Assessment Late Fee1 |
$ |
25.00 |
|
| Collection Service Fee |
$ |
25.00 |
per month |
| Returned Check Fee (each check)3 |
$ |
25.00 |
|
| Lien Filing & Release Fee |
$ |
435.00 |
or actual legal cost |
| Legal Handling Fee |
$ |
50.00 |
or actual legal cost |
| Escrow Transfer Fee |
$ |
100.00 |
|
| Grace Period |
|
30 |
days |
Fines
| First Notice |
|
none |
| Second Notice Fine |
$ |
50.00 |
| Third Notice Fine |
$ |
250.00 |
| Fourth Notice Fine |
$ |
100.00 per day |
|