Dues in the amount of $300 should be paid no later than January 1st of each year. Make checks payable to “Chadsford HOA.” Checks should be mailed to our address:
PO Box 110571
Durham, NC 27709
If you have questions about your payments, please contact HOA board, firstname.lastname@example.org.
Financial Collections Policy
The board has outlined the following steps for the collection of dues:
- Notify residents in November that upcoming dues are to be paid by January 1.
- Give 1 month grace period before incurring late fees of $25 (beginning Feb 2)
- The board will send a second notice for unpaid dues in February.
- Beginning March 2, the board can charge 18% interest, compounded daily from January 1.
- Delinquent homes will be referred to attorney at this time.
- See page 3 of the Community Maintenance Policies (3-2017) here.