Assessments
Greenridge Estates Homeowners' Association assessments are billed quarterly and are due on the 1st of the months of January, April, July, and October.
Homeowners have the option to pay quarterly assessments through free automatic direct debit service from your checking or savings account. With electronic payments, homeowners can pay their assessments automatically without writing checks, thus eliminating the potential for late payments, interest, and fees.
A few things you should know …
Regular assessments will be deducted from your account between the 5th and 7th days of the months of January, April, July, and October.
Special assessments may be deducted at the same time if you authorize us to do so.
If for some reason you need to cancel a scheduled payment, you MUST notify the association in writing by the first of the month as payments are automatically scheduled and it takes time to modify the system to cancel or postpone a payment.
Your authorization is valid until we receive written notification to cancel the ACH service. We request sixty (60) days prior notice to cancel the service.
If you are using ACH service, you WILL NOT receive a quarterly statement; however, you can always request a quarterly or annual statement by contacting us via email.
Homeowners are responsible for ensuring that funds are available in their account on the scheduled transfer date. You will be held responsible for all associated fees from both your bank and the Association’s bank resulting from an ACH denial. The Association may cancel your service after two consecutive Non-sufficient Fund (NSF) occurrences.
This service is optional. Homeowners may still continue to pay quarterly assessments by check.
If you wish to sign up for the free ACH direct debit service, please complete and sign the ACH Authorization Form and mail to the Association along with a VOIDED check or deposit ticket. Please allow 14 days for processing.