February 03, 2025, Community Announcement: Clarification on Interest Charges and Payment Requirements for January 2025 Dues.
- vincent.caprigno
- Feb 3
- 2 min read
Why we are sending this communication
The Board of Directors has been informed of interest charges mistakenly appearing on homeowners' Vantaca accounts managed through Rizzetta. This message serves to clarify the situation and outline necessary actions.
What you need to know
When a homeowner’s association dues become past due, the billing system automatically applies late payment interest and associated fees as part of its standard delinquency process.
The Board of Directors recently became aware that homeowners were erroneously charged late payment interest on the January 1, 2025, association dues. This error occurred because the system recognized the payment and posting dates as late. To address this, the Board has instructed Rizzetta that no late fees or interest should be applied for 60 days following the posting date of the January dues. This extension provides homeowners ample time to review their dues and make the necessary arrangements for payment.
Homeowners who were charged late fees or interest will see these amounts reversed or credited to their accounts in the coming days. The association dues for January 2025 are set at $381.91 per quarter, per unit.
What you need to do
Homeowners who have not yet made their payment should remit only $381.91 for the January dues. The next assessment is scheduled for April 1, 2025.
No further action is needed to address the late fees or interest, provided that payments are made within 60 days of the posting date or by March 30, 2025.
Residents who maintain a balance beyond March 30, 2025, may be subject to late payment fees and interest under the association’s standard delinquency process.
Were here to help
If you have any questions or require further assistance regarding this notice, please contact us at HOAGeneral@MirrorLakeSeffner.com. A member of our team will review your inquiry and provide a response within 24-48 hours.
Thank you for your attention to this matter.
Association Board of Directors, Officers and Commitee members are NOT permitted to make decisions, call for/to action, vote and/or hold a quorum via email, instant message or online forum posting. All Association business must be made during an official meeting and notice sent to community members at least 48 hours prior to the meeting date. Email and Instant Message is for general discussion only. All communications are monitored and should be considered viewable to the public. All online communications are subject to the Mirror Lake Seffner Terms of Use and Privacy Policy.