Fee Schedule

Assessment Administrative Fee Schedule

Effective June 18, 2021

Administrative Fees

Non-Sufficient Funds; Returned Check	$20
Late Fee* - Quarterly Assessments (effective November 1, 2019) Charged to homeowners when assessments are past due.	$35
Late Fee* - Annual/Commercial Assessments Only (effective January 1, 2021)	$13

*Late fees are charged after 45 day grace period.

Closing Documents' Fees**

Status Letter for Closing***	$150
Owners Account Statement (required for Refis)	$50
Additional Fees/Settings (Rush Fees, Updates, etc.)
Transfer Fee (paid at close) - Post processing fee	$175
Closing Statement of account 1 business day rush fee	$125
Closing Statement of account 3-day rush fee	$65
Closing Statement of account 5-day rush fee	$40
Rush of existing order (*Add this fee to rush fee)	$15
Closing Statement of account 1-14 days	No Fee
Estopple Certificate	$250

**These fees do not include fees charged by HomeWiseDocs or any rush fees (The transfer and refinance fees are charged to provide estoppel certificate for assessments pursuant to Section 8.39 of the community declarations.) Note: Homewise fees are not established by HRCA and are set independently by Homewise and are collected separately.

***Includes all products as they pertain to the Assoiciation (Closing statement of accounts, products as they pertain to any and all pertinent covenants).

Standard delivery timeframe for demands, disclosures, or inspections and required to complete missing document order is ten (10) business days.

Collection/Legal Fees
If you do not pay your balance after receiving two late letters, your account will be sent to our attorney’s for collection. All legal fees incurred are passed on to the property owner.

Ownership & Encumbrance Report	$5
Account review, balance calculation & demand letter	$110
Preparation & e-recording of assessment lien	$150
Release the assessment lien	$18
Additional legal fees/costs will be billed to property owner	per invoice

More Assessment Information

Versapay Resources

Questions? Please email the assessments office, [email protected] or call the main assessments line, 303-471-8815. Please allow 48 hours for a response due to high email and call volumes.