Penalties the Community May Impose
Breach of Rules
When you bought your unit, you accepted the terms of the Restrictive Covenants that apply within Sandyport, and entered into a License Agreement that governs your rights of access to Common Property. These behavioral Guidelines make Sandyport a desirable address and serve to protect its value. If you admit family members, friends, Tenants or service staff onto the Property, the rules apply equally to them, with yourself holding overall responsibility.
Most times things go well and we have no need to rely on enforcement measures. Sometimes they do not. This is when somebody turns their back on our rules and acts as if they have a right to disregard them. Under these circumstances, we rely on the powers granted to us through the Restrictive Covenants and License Agreement to enforce and take the necessary corrective action. We prefer to rely on Residents’ sense of community and willingness to consider the greater good, than to rely on enforcement action that can include financial penalties.
Inappropriate Storage of Private Property
Please do not store anything in a common area unless in a designated space intended for that purpose. This includes your car, your boat, your trailer, the things you no longer need, and your junk. This requirement helps us to preserve the integrity and appeal of the community.
We remove all items from the common area that do not belong there and store them for up to 3 months at the Owners’ expense. After that, we sell the items and credit any proceeds - less the costs of removal and storage - to the account of the Owner.
Past Due Accounts
It costs about $10,000 per day to operate our community. Our maintenance fees and other charges cover our operating costs and the need to accumulate a reserve. It is therefore important that everybody pays their share and on time. To discourage tardy accounts, we impose late payment fees and reserve the right to recover additional expenses incurred by reason of non-payment, together with penalty interest. We may penalize Owners with separate water accounts twice, if both their maintenance and water accounts are past due. Our view is that all Residents should pay their way on time, and those who pay late should not be subsidized by those who pay promptly.
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