COLLECTIONS
Once an account has been turned over to collections, the property management company can no longer discuss any account issues until the account has been brought current and is no longer in collection status.
All account related communications must take place with the Association’s attorney:
Jeff Dittmer | Dittmer, Wagoner & Steele, LLC
107 W. Johnstown Road, Gahanna, OH 43230
TEL: 614-476-6464
Assessment Amount
The total current annual assessment amount is applied to the routine operation of the community. The requirement for annual assessment payment is not contingent on resident issues with other account items such as past due amounts, fines or topics.
EX:
$256,000.00
x
.07% (or .0007)
_______________
NACMA Assessment = $179.20
Assessments are currently set as follows:
Total Market Value (per Auditor)
x
.07% (or .0007)
_______________
Total Annual NACMA Assessment
Delinquencies
If payment in full is not received by the due date, a late notice is mailed the month following the due date. These monthly late notices continue until an account is paid in full or the criteria for being turned over to collections has been met.
Accounts that meet BOTH of the below criteria are turned over to the Association’s attorney:
Overdue balance of $300.00 or more
Overdue for six (6) months or more
