January 2015 Pheasant Run Homeowners Association Billing Procedure/Options Please visit for more community information! In order to keep costs low for Pheasant Run Homeowners Association and promote quicker cash flow to the community, we would like to offer payment plan options and increased communication. The timeline is as follows: January annual assessment billing statements are mailed out February 1 annual assessments are placed on accounts March 1 unpaid assessments for single payments and split payments become delinquent (unless faithfully paying on a prior approved payment plan). A late fee of 12% of the delinquent assessment is added to the account, as well as, a $35 admin fee any resident with delinquencies of the current or past year will April receive a letter with a record of the outstanding balance due July any resident with delinquencies of the current or past year will receive a letter with a record of the outstanding balance due August 1 the second portion of the split payments is now due. No late fee has been assessed Sept. 1 the unpaid second portion of the split payments is now considered delinquent. A late fee of 12% of the delinquent assessment is added to the account, as well as, a $35 admin fee October any resident with delinquencies in the current or past years will receive a letter with a record of the outstanding balance due Any resident will only be assessed ONE late fee per annual assessment no matter the payment plan or time of default. Delinquent accounts are subject to legal action. In order to avoid having your account placed with collections or any legal action, please pay your assessment as agreed, or contact OMNI for options.
January 2015 Pheasant Run Homeowners Association Billing Procedure/Options Please visit for more community information! In order to keep costs low for Pheasant Run Homeowners Association and promote quicker cash flow to the community, we would like to offer payment plan options and increased communication. The timeline is as follows: January annual assessment billing statements are mailed out February 1 annual assessments are placed on accounts March 1 unpaid assessments for single payments and split payments become delinquent (unless faithfully paying on a prior approved payment plan). A late fee of 12% of the delinquent assessment is added to the account, as well as, a $35 admin fee April any resident with delinquencies of the current or past year will receive a letter with a record of the outstanding balance due July any resident with delinquencies of the current or past year will receive a letter with a record of the outstanding balance due August 1 the second portion of the split payments is now due. No late fee has been assessed Sept. 1 the unpaid second portion of the split payments is now considered delinquent. A late fee of 12% of the delinquent assessment is added to the account, as well as, a $35 admin fee October any resident with delinquencies in the current or past years will receive a letter with a record of the outstanding balance due Any resident will only be assessed ONE late fee per annual assessment no matter the payment plan or time of default. Delinquent accounts are subject to legal action. In order to avoid having your account placed with collections or any legal action, please pay your assessment as agreed, or contact OMNI for options.
Billing_Options_Mailer.docx