Monthly Payment Process

November 1, 2007 by
Filed under: Board Notices 

November, 2007

Dear Homeowner:

Enclosed is your 2008 budget and coupon book with address labels located in the front of the book for your convenience. Please be advised that our monthly assessment fee has remained unchanged at $185.00. Please ensure that your monthly fee payment is mailed directly to our bank’s lock box as follows:

Riverbend Townhouse Owners Association
P. 0. Box 23103
Newark, NJ 07189

By no later than the first of each month, you should mail your check, made payable to Riverbend Townhouse Owners Association enclosing the applicable month’s coupon. Please ensure that your unit address is clearly indicated on the check so that appropriate credit can be applied to your account.

Please note that if your payment is not received by the 15th of the month, or if any balances remain outstanding on the 15th of the month, a $15.00 late fee will be assessed to your account.

For those homeowners who have elected electronic funds transfer (EFT) for their monthly fee payments, Executive Property Management will automatically adjust your fees if applicable. Please retain your books in case you choose to revert back to the manual payment method or you sell your home in the upcoming year. For those homeowners who pay their bills on-line, you must have your on-line service place your full account number, as it appears on the top of your coupon, on each check remitted to ensure that proper credit is applied to your account.

If you are in need of additional information, please feel free to contact Executive Property Management with any questions you may have relating to the administration, operation and management of our community.

Very truly yours,

Board of Trustees
Riverbend Townhouse Owner’s Association

(See over for Budget)

Webmaster’s note:
In rendering this information for the Web, the coupon book is not included.

Comments

Tell us what you're thinking...

You must be logged in to post a comment.