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EmmaleeT@msn.com
http://OakHillNH.com
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Fine Schedule for
Infractions of Rules and Regulations of Oak Hill
| 1. |
First Notice: The first notice will serve as a warning
and may be verbal or in writing.
For investor owners, the owner will also be notified. |
| 2. |
Second Notice: This notice will be in writing and will
enclose the fine policy. For investor owners, the owner
will also receive a copy of the notice. |
| 3. |
Third Notice: A written notice will be sent directly to the
owner of the unit. At that time the owner will be notified that
the matter will be brought before the Board of Directors for
consideration of a fine. The owner will be entitled to be
heard at the Board meeting. |
| 4. |
Initial fine: The Board of Directors shall have the
prerogative to levy fines of up to $300.00 for each incident of
rule violations. |
Oak Hill Fine Collection
Policy
| 1. |
Fee payments are due at the management agent's office on the
first of the month ( required by the by-laws). |
| 2.` |
If the fee payment for each unit is not received by the 5th
of the month: A. The owner will be assessed an
additional (second) late fee for $50.00.
B. The owner will receive a letter, which states that the
Board of Directors will be asked to authorize at its next
meeting one or more of the following:
| 1. |
That a lien will be placed against the unit: |
| 2. |
That a small claim be filled in District Court. |
| 3. |
Direct assignment of rents on investors units. |
The letter will state that the unit owner will be given the
opportunity to be heard at the next monthly Board Meeting. A
copy of the letter will be sent to the owner's tenant(s) and
morgagee if applicable and if known to the management agent.
The notification period for termination of services or rent
assignment will commence on the date of the letter.
C. No maintenance work in the unit will be authorized
by the Oak Hill Office unless payment for it is made in cash in
advance. |
| 4. |
If the fees continue to be unpaid (in full or in part) by
the 5th day of the third month an additional (third) late fee of
$100.00 will be assessed. |
| 5. |
If payment has not been received by, or a written payment
agreement has not be executed with the management agent by the
date of the Board meeting, The Board may tuthorize one or both
of the following actions.
| A. |
That a lien be placed against the unit; |
| B. |
That a claim be filed in District Court; |
| C. |
That one or more services supplied by the
Association be terminated. |
| D. |
That the rental payments on the delinquent unit be
made directly to the Association until the arrearage is
satisfied. |
The Board in its judgment may consider extenuating
circumstances in its decision. |
| 6. |
If common area services are terminated, the owner of the
unit will be charged a $75.00 reconnection fee which must be
paid prior to the resumption of service(s). |
| 7. |
The "Termination of Services" shall also apply to special
assessments authorized by the Board of Directors, which are
three or more months in arrears. |
| 8. |
Termination services will be restored upon payment of all
delinquent fees. |
| 9. |
Termination services shall include, but not be limited to,
water, heat, hot water, parking and clubhouse privileges. |
| 10. |
The Board shall have the right to take actions in Section 3(
B) to owners who are less than three months delinquent if such
owners have previously received notification under Section 3
(B). |
| 11. |
In addition to the foregoing remedies available to it, the
Association may utilize the provision of NHRSA 356-B: 46-A (
Rent Collection Upon Delinquency in Payment of Common Expenses)
which was voted upon by a majority of the unit owners in
attendance ( or by proxy) at the annual meeting of the
Association on March 11,1998. |
| 12. |
In general, the Board expressly reserves all other remedies
and actions pursuant to the by-laws and to applicable laws,
whether for expansion or in limitation of its collection policy. |
The Board of Directors may amend these rules from time to time.
The Association, through its management agent, shall have the right to
enforce these rules. Complains by residents should be registered
at the Oak Hill Office in writing.
¹ Reference Rules as of 4/24/07
obtained from the rental manager
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