Painted Tree^{paintedtree.org}

Each year, homeowners in Terrabrook and Stoneybrook receive an invoice from the Homeowner's Association - named Painted Tree Swim & Racquet Association - for upcoming annual dues.   Why do you get this invoice?  

The neighborhood Homeowner's Association, or HOA, protects and maintains the community property for the entire neighborhood.   This includes the neighborhood entryways, pool, tennis courts and all common areas.   The yearly dues schedule was established through the Constitution and By-Laws of the Painted Tree Swim & Racquet Association to fund the maintenance and protection of the property and its value.

It is every homeowner's responsibility to pay dues that go directly to the upkeep and improvement of the common area, as determined by the HOA.   Dues are assessed once a year and are to be paid in full by May of each year.   Failure to do so will result in accrual of finance charges until the balance is paid.   The HOA has a legal right to take action against any homeowner whose balance remains unpaid and accrues to a certain level – legal action may include property liens and even foreclosure.

The HOA, comprised of each Homeowner, annually elects Board Members.   The Board Members volunteer their time and efforts for the betterment of the neighborhood.

If you have any questions about your balance, please feel free to call the Association's Management Company , who will be more than happy to assist you in getting your financial questions answered.