Assessment Collection Policy (November 2003, updated March 2008)

Unfortunately there are no free lunches in life.  This philosophy applies to HOA assessments as well.  An assessment is distinguished from dues by the fact that dues are voluntary and assessments are not.  This is not an optional part of living in our neighborhood - they are part of the contract you signed when you purchased your home.  The assessments are necessary to pay for property taxes, utilities, landscaping, maintenance and other amenities you enjoy while living in Wellington Ridge.  Below is the policy for HOA assessments and their collection procedure:

  • Annual assessments are $270.
     

  • Assessments are assessed in January for the period covering January 1st – December 31st. A letter will be mailed to each homeowner by the end of January.
     

  • Payment must be received by February 28th.
     

  • If you cannot make full payment by February 28th, please contact the treasurer to make payment arrangements.
     

  • If arrangements have not been made or payment not received by February 28th, a $20 late fee will be assessed every 30 days until payment is collected. Every effort will be made to contact the homeowner before fines are assessed. The Board will be very accommodating as long as there is open communication between the Treasurer and the homeowner.
     

  • If there is no communication from the homeowner and payment has still not been received by April 30th, a lien will be recorded with the Pierce County Auditor for the amount of the assessments, plus late fees, lawyer fees and recording fees.

If you have any questions regarding this policy, please contact the HOA @ 253.265.3042 or hoa@wellingtonridgehoa.org

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This page was last updated 03/11/08