FAQs • Lake Ridge HOA, VA • CivicEngage

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How are assessments billed?: Coupon Book - A payment coupon book and mailing envelopes are mailed once a year at the end of each July to each Homeowner.

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Finance

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1. How are assessments billed?: Coupon Book - A payment coupon book and mailing envelopes are mailed once a year at the end of each July to each Homeowner.

2. When are assessments due?: Quarterly - Assessment payments are due quarterly on the 1^st of September, December, March and June.

3. How can I make an assessment payment?: Mail, Online, Office, Bill Pay - See more information under Assessment Payments.

4. Can assessment payments be made in advance?: Yes - Prepayment of assessments is welcome anytime.

5. Is there a discount offered if assessments are paid for the entire year?: No - There is not a discount for paying your assessments in advance.

6. What is my account number?: Coupon Book - Your account number is printed on your assessment payment coupons. It consists of letters and numbers with no punctuation or spaces. Example: 000000LR99999

7. When are late fees assessed?

15th of the month due - Beginning September 1, 2022, a $50 late fee is charged on the 16^th of September, December, March, and June if:

A quarterly assessment payment is not received and processed by the 15^th of September, December, March or June; or

An assessment account has an unpaid balance of $100 or greater on the 15^th of September, December, March, or June.

8. Can I request a late fee waiver?: No - The Association does not waive late fees.

9. I am refinancing my home-- how do I obtain a statement regarding my quarterly dues?: Contact Us - Complete a request for loan modifications, refinancing or for tax purposes.