The Sullivan on Gilbert Condominium Association

What The Sullivan on Gilbert Condominium Association's governing documents say

The Sullivan on Gilbert Condominium Association in Dallas, TX, has a collection policy that binds all unit owners. This policy governs how assessments are paid, late fees are applied, and delinquencies are handled.

• Assessments & due dates: Maintenance fees and other assessments are due on the 1st of each month and considered late if not received by the 15th.
• Late fees & interest: A late charge of $25.00 per month plus interest applies to unpaid balances; these amounts may increase upon notice.
• Payment application order: Payments are applied first to interest and late fees, then to collection costs and attorney's fees, and finally to principal assessment amounts owed.
• Violation enforcement & lien: If an owner violates the declaration or rules, the association may charge a cure fee (including attorney fees) and treat it as a special assessment, with the right to obtain a lien.
• What this document doesn't cover: This is only a collection policy; it does not cover pet rules, leasing restrictions, architectural guidelines, or other community rules.

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.