Dues Payment Policies

 

 

As you know, every year we collect annual dues of $25 from each residence in the Cranbrook Village subdivision.  Those dues go toward maintaining our beautiful grounds, the maintenance of our signs and stone entrances, various operating costs, and basic supplies for mailers, for example.

When you purchased your home in Cranbrook Village, you automatically became a member of the HOA, which requires paying annual dues of $25.  This is a contractual obligation, since membership and paying the required dues are not optional.

Your timely payment of these dues is well appreciated.  It allows us to keep moving and to provide services to our community.

 

Know Your Dates

April 1st

Dues invoices are sent to all residents, aka members of the association.

These invoices will be sent via email as well as by standard mail.

The Spring newsletter, information about our Annual Meeting, and proxy forms for voting will be included in this mailing.

Payments can be made online, over the phone, or mailed to our PO Box.

We accept VISA, Mastercard, AMEX, Discover, and PayPal.

May 31st

If you did not pay your full balance from the previous year, then 7% interest will be added to your balance due.

June 1st

Dues payments are due.

June 11th

The 10-day payment grace period has expired and a $7.00 late fee will be applied to your balance due.

Mailed payments must be postmarked by June 10th to avoid a late fee.

$100 Limit

If your Dues Account Balance reaches $100, proceedings may begin to put a lien on your property.

 

Know the Math

Paying Annual Dues

Annual dues of $25 are due every year on June 1st.

Dues invoices are sent out April 1st, payable without penalty by June 10th.

Dues can now be paid online, over the phone, or through regular mail.

Online, we accept VISA, Mastercard, Discover, AMEX and PayPal.

Late Fees

If you pay your dues after June 1st, you will have a 10-day grace period to pay before a late fee is added to your account.

If unpaid, a $7.00 late fee will be added to your account.

Accruing Interest

If your account goes unpaid into the following year, then a 7% interest charge will be added to your balance, effective May 31st.

Chronic Non-payment

If you continue to not pay your dues, after three years your balance due will be $102.88.  At that point, a lien may be put on your property.  In addition, a $30 fee will be added to your balance to file the lien, and another $30 will be added to release the lien.