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HOA Assessments, Fees & Fines: Riverpointe
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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 the Riverpointe Homeowners Association (Declaration) and RCW 64.38.020.
| Assessment Amount Per Home (2023) |
$ |
360.00 |
Annual |
| Due Date (2023) |
|
01/01/2023 |
Paid in full |
| Annual Assessment Late Fee1 |
$ |
22.50 |
Quarterly |
| Annual Assessment Delinquent Interest2 |
|
12% |
per annum |
| Special Assessment Late Fee1 |
$ |
25% of Assessment |
15 days after due date |
| Special Assessment Delinquent Interest2 |
|
12% |
per annum |
| Returned Check Fee (each check)3 |
$ |
25.00 |
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| Lien Filing/Release Fee |
$ |
435.00 |
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| Legal Handling Fee |
$ |
50.00 |
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| Escrow Transfer Fee |
$ |
75.00 |
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| Grace Period |
|
15 |
days |
Fines
| First Notice |
|
none |
| Second Notice Fine |
$ |
none |
| Third Notice Fine |
$ |
25.00 |
| Fourth Notice Fine |
$ |
50.00 |
| Fifth Notice Fine |
$ |
100.00 per month |
| Daily Fine |
$ |
5.00 for continuing violations |
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