Annual Dues
 

The 2012 annual dues are $706.64.

To support the basic needs and increasing costs of the association, the SLPPOA Board of Directors has voted to raise the Annual Dues for 2012 by 10% to $706.64.

2012 Annual Dues  must be paid in full by January 1, 2012. Payments that become past due will be subject to late fees, water service disconnect, and property liens.

Please send payments to:

            Sierra Los Pinos Property Owners Association

            950 Forest Road 10

            Jemez Springs, NM 87025

Financial Hardship?

Payment schedules may be available for members who are experiencing financial difficulties. Please contact the SLP Board to discuss your situation and set up a plan.

B)  SLPPOA BYLAW DELINQUENCY POLICY 

Any assessment not received by January 30, 2012, will be subject to an 18% per annum (1.5% per month) interest penalty with a minimum interest charge of $5.00 per month.   

Any assessment past due by 90 day (3 months) will be subject to remedies described in the governing Bylaws including but not limited to the filing of a lien against the property at the owner’s expense. 

(Section 8. Effect of Nonpayment of Assessments; Remedies of the Association).

(a) Withhold all services rendered by the association from such lot owner including but not limited to water, snow removal and road maintenance.

(b) Suspend the voting rights of the member.

(c) Withhold any and all privileges of belonging to the Association.

(d) File Suit to foreclose its lien securing any assessments and/or file suit for judgment against the delinquent member for sums due the Association. In addition to the' assessments and other charges due, the Association shall be entitled to its court costs and reasonable attorneys' fees should collection efforts be necessary in the opinion of the Board of Directors.

e) At the Boards discretion, employ the service of a collection agency to recover past due assessments.

Any assessment past due by 120 day (6 months) are subject to further legal action including but not limited to filing a civil suit in Sandoval County Magistrate Court.

In the event that the Association must file suit to recover unpaid assessments, such action must be taken within three (3) years of the date that the payments are due.

The Association has the right to bid at any foreclosure sale an amount not to exceed the total of all unpaid assessments against the real estate, fines, default fees, court costs and other expenses incurred by the association in connection with the foreclosure proceedings.

The failure to enforce any covenant or provision of the bylaws should not be deemed to be a waiver of the right to enforce such restrictions.