Memorial Parkway Community Association Homeowner Account Charge Explanation
In an effort to clear up some confusion, the following information is being provided as a reference. It is not a replacement of the Association’s governing documents. Currently there are five types of charges that can be charged to a homeowner's account. Let’s take a look at each one.
The process that the Association follows for the collection of assessments and associated costs (late fees, interest and attorney fees), are generally found in Section 209.0064 and 209.008 of the Texas Property Code.
For additional clarity please refer to the chart below.
Notice of Past Due Annual Assessment |
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Date of Letter |
Letter Title |
Mail Service |
Late Fee |
February 1 |
Notice of Past Due Assessment |
USPS First Class Mail, Email |
$35 |
March 1 |
Second Notice of Past Due Assessment |
USPS Certificate of Mail, Email |
$50 |
April 1 |
Final Notice of Past Due Assessment |
USPS Certified Mail, First Class Mail, Email |
$50 |
May 15 |
Turn over to Attorney |
Deed Restriction Compliance Notice |
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Letter |
Number of Days to Cure or Respond |
Mail Service |
Fee |
Courtesy Notice |
10 days |
USPS First Class Mail, Email |
$0 |
Initial Demand Notice |
10 days |
USPS First Class Mail, Email |
$0 |
Second Demand Notice |
10 days |
USPS Certified Mail, Email |
$0 |
Third Demand Notice |
30 days |
USPS Certified Mail, Email |
$50 |
Fourth Demand Notice |
30 days |
USPS Certified Mail, Email |
$50 |
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