Coupon books are sent to each owner to use for paying monthly dues at the beginning of the fiscal year, which starts on June 1 of each year.
Due dates and late fees are explained on the coupons.
The funds are used to maintain the Reserve Account, cover the operations costs, pay for exterior and community common area maintenance, and other General Operating Costs.
It is the owner’s responsibility to update any change of address with Management Company to ensure proper receipt of assessment statements.