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EmmaleeT@msn.com

http://OakHillNH.com
 

 
News | Living Together | Fines  Updated: 04/06/2012

Living Together

 

Rules

 

 

Bad boys
 

 


 

 

Oak Hill Fine Policy

 

Fine Schedule

Fine Collection

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
Rules Fines Bad Boys