Notice

Notice: To All TANTERRA HOMEOWNERS

Pursuant to Article V of the Re-Stated Declaration of Covenants, Conditions, and Restrictions for the Tanterra Homeowner's Association, Inc., all Tanterra property owners are hereby notified that the Annual Assessment for 2005 is $250.00. Further notice is given that the Board of Directors for the Tanterra Homeowner's Association, Inc., has approved a dues policy that will obligate homeowners to additional fees and charges in the event the assessment mentioned above is not paid on or before March 16, 2005. The approved Dues Policy is listed below. If you have any questions, please contact the Treasurer.

Tanterra Homeowner's Association Dues Policy

By Jan 31, 2005	Bills are issued for calendar year 2005.
By Mar 1, 2005	If for some financial reason you are not able to pay your bill in full by the due date, you must submit a written request for an extension of making payment(s).All extensions must include the specific date(s) you are proposing to make the payment(s) and the amounts. All extensions of payment must be approved.
On Mar 16, 2005	Payment is due in full unless an extension has been approved. A late fee of $15.00 will be added to each delinquent account. Finance charges of 18% per annum will start to accrue. Any homeowner who has not paid and who does not have an approved extension will not be permitted to use any of the association's recreational facilities.
On April 1, 2005	Letters are sent to homeowners who have not paid and who do not have an approved extension.
On Apr 15, 2005	Names of all homeowners who have not paid and who do not have an approved extension are forwarded to the attorney who sends a demand letter. At this time, there is a $25 charge for this service. If payment is not received with all finance charges and attorney fees within 30 days after the attorney mails the collection letter, we shall instruct the attorney to file a Notice of Lien in the land records for Montgomery County. At this time, there is a $25 - $50 fee for serving the notice and a $150 fee for filing the lien.
By Sep 1, 2005	Action may be taken to have a suit filed in the appropriate court for payment of any past dues and/or fees. Currently, the attorney charges $150 per hour plus court filing fees, and $50 for process of this service.

The above mentioned fees are subject to change without written notice.