Update on Interest Charges for Late Payments

Dear Grove Residents,

 

We hope this message finds you well. As part of our ongoing efforts to support the financial well-being of our community, the Board of Directors has made an important decision regarding interest charges on late payments.

 

We are pleased to inform you that we have decided to waive interest charges for accounts that are otherwise in good standing and where the accrued interest amount is less than $15. This waiver is a one-time measure, implemented to alleviate minor financial burdens you may face.

 

It is important to note that this waiver is not an ongoing policy; future interest charges will not be forgiven for the remainder of the year under any circumstances. The usual interest rate of 18% annually, compounded monthly, will continue to be applied to late payments where applicable. We encourage all residents to manage their payments promptly to avoid accruing interest.

 

Should you have any questions or require further clarification, please do not hesitate to reach out to our management team.

 

Thank you for your attention to this matter and for your continued commitment to our community.

 

Warm regards,

 

The Grove HOA Board

 

 

How to View and Pay Your Dues

 

Join the Town Square app at https://app.townsq.io/. Here, you can view your account to check if your payment has been received or if there are any outstanding balances. Email Kristen Clonts kclonts@neighborhoodsplus.com and ask for help signing up

  • Pay your dues in the app
  • Alternatively, you may mail your payment to:

Neighborhood Services

Attention: Grove HOA

1326 Fretz Dr.

Edmond, Oklahoma 73003