Highland Ridge HOA Closing Letter and Welcome Note
This document provides essential details for closing on a property in Highland Ridge, including installment dues, past due fees, and important dates. It also includes a welcome note for new homeowners. Ensure to read thoroughly and contact the HOA board if you have any questions.
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How do I fill this out?
To fill out this document, ensure you review the provided details carefully. Make note of any important dates and fees mentioned. If there are any discrepancies, contact the HOA board for clarification.
How to fill out the Highland Ridge HOA Closing Letter and Welcome Note?
1
Review the closing letter details.
2
Note down the association dues and installment dates.
3
Check for any past due amounts or special assessments.
4
Read the welcome note and visit the provided website for more information.
5
Contact the HOA board if you have any questions.
Who needs the Highland Ridge HOA Closing Letter and Welcome Note?
1
Home buyers closing on a property in Highland Ridge need this document for details on dues and fees.
2
Real estate agents require this document to provide accurate information to their clients.
3
Closing attorneys need this document to ensure all financial details are settled before finalizing the sale.
4
Existing homeowners may refer to this document for information on HOA dues and fees.
5
HOA board members use this document to communicate essential information to new homeowners.
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What are the instructions for submitting this form?
To submit this form, email it to treasurer@HighlandRidgeHOA.org or fax it to the number provided on the HOA website. You can also mail it to the following address: Highland Ridge Homeowner's Association, 4640 Outlook Place, Marietta, GA 30066. Ensure all fields are accurately filled and the form is submitted by the due date to avoid any penalties.
What are the important dates for this form in 2024 and 2025?
Important dates for this document include the fiscal year from November 1 to October 31, annual dues payment date on December 1, and lateness consideration after December 7.
What is the purpose of this form?
The purpose of this form is to provide crucial information to new homeowners in Highland Ridge regarding association dues, fees, and important dates. Additionally, it serves to welcome them to the community and guide them on where to find more information about the HOA. This document ensures both transparency and ease of communication between the HOA board and new residents.
Tell me about this form and its components and fields line-by-line.
- 1. Subject Property Address: The address of the property being closed on.
- 2. Association's Fiscal Year: The fiscal year period for the homeowners' association.
- 3. Association Dues: The annual dues amount payable by homeowners.
- 4. Dues are Paid: The frequency at which dues are paid (e.g., annually).
- 5. Next Installment Due Date: The date by which the next installment of dues must be paid.
- 6. Next Installment Considered Late: The date after which the dues payment is considered late.
- 7. Late Fees: The penalty for late payment of dues.
- 8. Interest on Past Due Amounts: The interest charged on past due amounts.
- 9. Special Assessments Currently Payable: Any special assessments that are currently due.
- 10. Current Past Due Amount: Any outstanding dues amount as of the date of the letter.
- 11. Initiation Fee Due At Closing: The initiation fee that is due at the time of closing.
- 12. Household and Yard Waste Removal Contract: Details about the waste removal contract included in the annual dues.
What happens if I fail to submit this form?
Failure to submit the required closing letter and dues could result in penalties and delayed closing processes.
- Penalties: Late fees and interest may accrue on unpaid dues.
- Delayed Closing: The closing process on the property may be delayed.
- Legal Action: The HOA may pursue legal action for unpaid dues.
How do I know when to use this form?
- 1. Property Purchase: When purchasing a property in Highland Ridge.
- 2. Refinancing: When refinancing a mortgage on a Highland Ridge property.
- 3. Selling Property: When selling a property in Highland Ridge to provide accurate dues information to the buyer.
- 4. HOA Dues Verification: To verify the amount of dues and any past due amounts.
- 5. Legal Transactions: During legal transactions involving a Highland Ridge property.
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