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HOA Assessments, Fees & Fines: Lake Meridian Village
NOTE: This article is currently being edited and is not to be considered final. This message will be removed once complete.

The following is the delinquency policy, fine policy, and schedules for fees and fines, as provided for in the Declaration of Covenants, Conditions and Restrictions of Lake Meridian Village Home Owners' Association and RCW 64.38.020.

Assessment Amount Per Home (2020) $ 2,340.00 Annual
Due Date (2020)   01/01/2020 Paid in full
Grace Period   20 There is a 20 day grace period.
Assessment Late Fee $ 25.00 Monthly
Assessment Delinquent Interest   83.3% per annum
Special Assessment Late Fee $ 25.00  
Special Assessment Delinquent Interest   83.3% per annum
Collection Service Fee $ 25.00 per month
Returned Check Fee (each check) $ 25.00 Does not include any issuing bank fees.
Lien Filing/release Fee $ 330.00  
Legal Handling Fee $ 50.00  
Escrow Transfer Fee $ 100.00  

 

Fines

First Notice   none
Second Notice Fine $ 0.00
Third Notice Fine $ 0.00
Fourth Notice Fine $ 0.00