Maintenance Fee Billing & Collection Policy - Annual Billing Plan ($345.00 per unit/per year) 

The following is the Maintenance Fee Billing and Collection policy for the Land of Canaan Homeowner's Association as adopted by the Board of Directors on February 9, 2006. 

JULY 1st - All unit owners will be mailed a Maintenance Fee Notice for the next year's assessments.  Payment is due upon receipt.  NOTE: AT THE TIME OF CHECK-IN, OR BEFORE SUBMITTING YOUR WEEK FOR EXCHANGE PURPOSES, THE ENTIRE YEAR'S MAINTENANCE FEES FOR THE YEAR YOU ARE RESERVING MUST BE PAID IN FULL. 

AUGUST 1st - A second notice will be mailed out to warn each unit owner that if their maintenance fee is not paid by September 1st they are considered delinquent and a late fee of 10% will be added to their account. 

SEPTEMBER 1st - Delinquency Date: If your maintenance fee has not been paid, your account is now considered delinquent (the late fee of $25.00 has been added).

In the event that you are delinquent, your reservations will be cancelled and you may not hold any reservation until your account is brought current.  Exchange requests will be denied as well as existing confirmed exchanges blocked.  Please note: there is no guarantee that you will receive a reservation or confirmation after your account has been brought current.

OCTOBER 1st - A copy of a Lien Notice will be mailed (certified mail) out with your Past Due Bill.

NOVEMBER 1st - A lien fee of $25.00 will be added to your bill and a lien sent to the Court House for filing against your unit week.

and...

You will be mailed a FINAL Maintenance Fee Billing Notice, including any and all penalties, fees and interest.  Please note: all charges must be paid in full before your occupancy and voting rights are re-instated.

JANUARY 1st - You will be sent a statement detailing all charges and fees that have been added to your account.  If the delinquent account is not paid in full by February 1st a $200.00 judgment fee  will be added to your past due account and a judgment will be filed.  Please note: a judgment will be reflected on your credit report and become a matter of public record.  After a judgment has been secured, this matter will be turned over to our attorney for foreclosure.

PLEASE NOTE: We do not wish to take these strict measures, however, due to our extremely tight operating budget all accounts must be paid in full in a timely manner.  If you would like to make payment arrangements or deed back your unit to the association for the past due fees please contact us at 304-866-4788.

The Board of Directors may, at its discretion submit delinquent accounts to an attorney for formal notification of default and demand for payment (Legal Notice).  The costs of the Legal Notice will be added to the delinquent owner's account.

A. Engage professional collection agencies to collect payment.

B. Pre-Notification of Lien & Record a Claim of Assessment Lien.

C. Foreclose on the claim of assessment lien.

D. Institute a small claims suit or other legal action.

E. Submit delinquent accounts to an attorney.