Collection of Dues

Anita,
I am not sure that you can "Require" everyone to use that payment system. Assuming that everyone uses checks, then no problem. There might be someone who does other forms of bill paying. Just something to look into.

I don't know that it would be illegal, my question would be is this something the residents want or the board wants? What is the catalyst behind this? A lot of people still use checks, I understand they are becoming somewhat obsolete, but I don't know if this would be the best move unless your residents wanted it and adopted it.

AnitaT

I wouldn’t think you could legally REQUIRE residents to pay their assessments via SurePay. Now, you could always make it an option and urge residents to take advantage of it (saving postage, envelopes and time, late fee/interest),then you would be helping them more so than requiring them to pay in this fashion.

Perhaps, notifying the homeowners that it is an option, and explain to them that it would be in their best interest to pay their assessments in this fashion would probably be more favorable. I would think you would get a much better response then REQUIRING residents to pay, that way ONLY!

I could certainly see were SurePay/direct withdraw could be convenient for some but unfortunately, not every person within the association will have the appropriate funds in their accounts on the day the assessments are due, therefore HO would incur additional financial(bank)fees. That’s a risk SOME homeowners aren’t will to take.

As long as payment is receive, on time (otherwise the appropriate charges will be assessed). You shouldn’t be concerned with how payment is made to your association.

Chuck W.