Collins Terrace Homeowners Association, Inc.

What Collins Terrace Homeowners Association, Inc.'s governing documents say

Collins Terrace is a standard single-family homeowners association (HOA) in Arlington, TX. This document is a management certificate and billing policy—it tells you how to contact the association and details the procedures for assessment billing, late fees, and payment plans. It is not the full declaration of covenants; the complete rules are recorded separately and should be reviewed before purchase.

• Contact & management info: The association is managed by Spectrum Association Management. Mailing address: 3901 Arlington Highlands Blvd, Ste 200, Arlington, TX 76018. Email: [email protected]. Phone: 972-992-3444. Fax: 972-992-3440.
• Assessment billing & due dates: Assessments are due the first calendar day of the billing period. Past due accounts incur interest at the rate set in the declaration, a late charge of $20 (per governing documents), and collection costs including administrative fees ($20 per notice), an escalated property processing fee of $120, a statutory notice fee of $50, and a $90 fee for referral to a third-party collector.
• Payment plans: Owners may request a payment plan for past due amounts. Minimum term is 3 months; the board can approve up to 12 monthly installments without a vote. Longer terms require board approval, but no plan can extend beyond 18 months from the request. An owner can only use a payment plan once per 12 months, and not if they defaulted on a prior plan within the last 2 years. The association is not required to offer a plan after the final notice’s 30-day payment period expires.
• Collection timeline & escalation: The billing schedule: 1st notice (courtesy) at 30 days, 2nd notice at 60 days, 3rd notice at 90 days, 4th notice (escalated) at 120 days, then referral to attorney. After 120 days, the board may send a final notice via certified mail giving 30 days to pay, after which the account is sent to an attorney for legal action, including foreclosure.
• What this document doesn't cover: This document contains only billing and payment procedures. The full community rules—such as architectural guidelines, pet restrictions, leasing requirements, parking rules, and other covenants—are in the recorded Declaration and other documents referenced but not included here.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.