PAYMENT PLAN REQUEST INFORMATION Texas Prperty Cde - Sectin 209.0062 (Nt Applicable fr Cndminium Assciatins Gverned Under Sectin 82) This dcument includes infrmatin regarding a payment plan request in rder t pay the Assciatin s upcming assessments r delinquent assessments prir t the cmmencement r cntinuance f the Assciatin s Cllectin Plicy. This dcument als includes the Frm required t be cmpleted and submitted t the Assciatin s Management Cmpany,, which will administer any apprved payment plan. Pre-Apprved Payment Plan A pre-apprved payment plan is available t a prperty wner wh is unable t pay an assessment balance in full in rder t avid further cllectin actin, including additinal late payment charges and referral t the Assciatin s attrney r cllectin agent, in accrdance with the Assciatin s Payment Plan Plicy. The Assciatin s Payment Plan Plicy can be reviewed n the Resident Prtal at www.realmanage.cm in the Plicies flder lcated in the My Dcuments page. The pre-apprved payment plan is fr a perid f three (3) mnths. There is a $75.00 set-up fee and a mnthly administrative fee f $25.00 per mnth that will be due in cnnectin with an accepted payment plan. These fees are nn-refundable. In rder t cmmence the pre-apprved payment plan, yu must d the fllwing: 1. Cmplete Payment Plan Request Frm. 2. Remit a payment in the amunt f $150.00 payable t ($75.00 set-up charge plus three (3) mnth s administratin fee at $25.00 per mnth). 3. Mail the cmpleted Payment Plan Request Frm and payment t at: P O Bx 803555 Upn receipt f the request frm and payment, a Payment Plan Agreement Letter will be prepared and frwarded t yu. The Payment Plan Agreement Letter will detail the mnthly installments and due dates fr each installment in rder fr yu t remain cmpliant with the plan and avid further cllectin actin. The mnthly installments will be calculated as fllws: Ttal Payment Plan Amunt = Current Balance* plus any upcming assessments due within the 3-mnth perid plus the set-up fee plus the mnthly administratin fee fr each mnth f the plan Mnthly Installment = (Ttal Payment Plan Amunt less the initial set-up fee and mnthly administratin fee) divided by 3 installments * - Yur Current Balance will be the ttal amunt f any utstanding assessments and late payment charges n yur accunt at the time f receipt f yur prperly cmpleted Payment Plan Request Frm and initial payment due.
Payments are due as shwn in the table belw. The actual amunt f the mnthly installments and the due dates will be prvided in the Payment Plan Agreement Letter. Payment Amunt Due Date Set-up Fee and Mnthly Administratin Fee $75.00 Due with Request Mnthly Administratin Fee $75.00 Due with Request Mnthly Installment 1 Calculated 30 days Mnthly Installment 2 Calculated 60 days Mnthly Installment 3 Calculated 90 days The Ttal Payment Plan Amunt must be paid in full at the end f the plan in accrdance with the mnthly installment amunts and due dates. A default under the terms f the Payment Plan Agreement Letter will result in the immediate terminatin f the payment plan. Any applicable late fees and finance charges due during the perid f the payment plan may be added t yur accunt balance upn default. The Assciatin is nt bligated t make anther payment arrangement fr a perid f tw years (24 mnths) thereafter under the prvisins f the Assciatin s Payment Plan Plicy and the Texas Prperty Cde Sectin 209.0062. Extended Payment Plan An extended payment plan may be available t an wner fr a perid f up t eighteen (18) mnths in accrdance with the Assciatin s Payment Plan Plicy. The acceptance f an extended payment plan is subject t the Assciatin s Bard f Directr s apprval. The Assciatin is under n bligatin t accept an extended payment plan request. In rder t request an extended plan, yu must als cmplete the Payment Plan Request Frm Addendum. If yu are requesting a plan lnger than three mnths there will be an additinal administratin cst. In rder t request an extended payment plan, yu must d the fllwing: 1. Cmplete the Payment Plan Request Frm and the Extended Payment Plan Request Addendum. 2. Remit a payment in the amunt f $150.00 payable t ($75.00 applicatin/set-up charge plus the initial three (3) mnth s administratin fee at $25.00 per mnth). 3. Mail the cmpleted Payment Plan Request Frm and payment t at: P O Bx 803555 Upn receipt f the request frm and payment, the request will be submitted t yur Assciatin s Bard f Directrs fr review and apprval. If accepted, a Payment Plan Agreement Letter will be prepared and frwarded t yu fr acceptance. The Payment Plan Agreement Letter will detail the mnthly installments and due dates fr each installment in rder fr yu t remain cmpliant with the plan and avid further cllectin actin. The mnthly installments will be calculated in the same manner as illustrated abve fr the Pre-Apprved Payment Plan, but will als include the additinal mnth s Administrative Fee at $25.00 per mnth beynd the first three mnths f the plan. If yur request is denied, r yu chse nt t accept the terms f the Payment Plan Agreement Letter, yu will receive a credit n yur accunt fr the initial three (3) mnth s Mnthly Administratin fee f $75.00 submitted with yur request. The $75.00 applicatin/set-up fee is nn-refundable.
Questins and Additinal Infrmatin Payment plans will be administered by the Assciatin s Management Cmpany,. If yu have questins r need additinal infrmatin in cnnectin with a payment plan, yu may cntact a Resident Advisr as fllws: Custmer Service: Email: service@realmanage.cm Tll Free Tel: 866-4-RealService (866-473-2573) Tll Free Fax: 866-919-5696 Hurs f peratin: 7:30 a.m. - 7:00 p.m. Central time, Mnday thrugh Friday.
PAYMENT PLAN REQUEST FORM Step 1: Cmplete Prperty Owner Infrmatin Prperty Owner Name(s): Prperty Address: 16-digit Accunt Number: Phne Number (Daytime): Email Address: Mailing Address: (if different frm Prperty Address) Step 2: Select the Payment Plan Pre-Apprved Three (3) Mnth Payment Plan* * If yu want t request a payment plan fr a perid lnger than three (3) mnths, please describe in detail the reasn fr yur request and the length f the plan yu are requesting n the attached addendum. This infrmatin will be submitted t The Assciatin s Bard f Directrs fr cnsideratin. The Assciatin is nt bligated t apprve an alternative plan. Step 3: Sign the Request Frm I hereby request a payment plan in rder t pay delinquent assessments and bring my accunt current. I understand that I must remit a nn-refundable payment fr the administratin f the plan in the amunt f $150.00 with this request. Prperty Owner Signature: Printed Name: Step 4: Mail the Request Frm and Payment Enclse a check in the amunt f $150.00 payable t. Mail this cmpleted Payment Plan Request Frm and payment t at: P O Bx 803555 Upn receipt f a prperly cmpleted Payment Plan Request Frm and a check in the amunt f $150.00 payable t, a representative will prvide yu with a Payment Plan Agreement Letter within three (3) business days by email (receipt time may be lnger if n email address is prvided). N further signature will be required fr the Pre-Apprved Payment Plan.
PAYMENT PLAN REQUEST FORM EXTENDED PAYMENT PLAN ADDENDUM If yu want t request a payment plan fr a perid lnger than three (3) mnths, yu must cmplete the additinal infrmatin belw. This infrmatin will be submitted t The Assciatin s Bard f Directrs fr cnsideratin. 1. Requested plan length: mnths (cannt exceed 18 mnths) Nte that a mnthly administratin fee f $25 will be applied fr each mnth beynd the first three mnths f the plan which are already included with yur payment plan request payment. 2. Please describe in detail the reasn fr yur request and yur plan t meet the terms f the prpsed payment plan.