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6. 1. B. - Page 60 <br />described in subdivision (b) of California Civil Code § 1365.1 entitled "Notice Assessments and <br />Foreclosure" to each Member during the 60 -day period immediately preceding the beginning of the <br />Association's fiscal year. The notice is to be printed in at least 12 -point type. <br />A. Statement of Charges: At least thirty (30) days prior to the Association <br />recording an Assessment Lien upon a Unit pursuant to California Civil Code § 1367.1(a), the <br />Association shall notify the Owner of record in writing by certified mail of the following: <br />(1) A general description of the collection and lien enforcement procedures <br />of the Association and the method of calculation of the amount owed, a statement that the Owner <br />has the right to inspect the Association's records, pursuant to Section 8333 of the California <br />Corporations Code, and the following statement in 14 -point boldface type, if printed, or in capital <br />letters, if typed: "IMPORTANT NOTICE: IF YOUR SEPARATE INTEREST IS PLACED IN <br />FORECLOSURE BECAUSE YOU ARE BEHIND IN YOUR ASSESSMENTS, IT MAY BE SOLD <br />WITHOUT COURT ACTION ". <br />(2) An itemized statement of the charges owed by the Owner, including <br />items on the statement which indicate the amount of any delinquent Assessments, the fees and <br />reasonable costs of collection, reasonable attorneys' fees, any late charges, and interest, if any. <br />(3) A statement that the Owner shall not be liable to pay the charges, <br />interest, and costs of collection, if it is determined the Assessment was paid on time to the <br />Association. <br />(4) The right to request a meeting with the Board as provided by California <br />Civil Code Section 1367.1(c)(3). <br />(5) The right to dispute the Assessment debt by submitting a written request <br />for dispute resolution to the Association pursuant to the Association's "meet and confer" program <br />required in California Civil Code, Article 5 (commencing with Section 1363.810) of Chapter 4 of the <br />California Civil Code. <br />(6) The right to request alternative dispute resolution with a neutral third <br />party pursuant to Article 2 (commencing with Section 1369.510) of Chapter 7 of the California Civil <br />Code before the Association may initiate foreclosure against the Owner's Unit, except that binding <br />arbitration shall not be available if the Association intends to initiate a judicial foreclosure. <br />Note: Any payments made by the Owner toward the debt shall first be applied to the <br />Assessments owed, and, only after the Assessments owed are paid in full shall the payments be <br />applied to the fees and costs of collection, attorneys' fees, late charges, or interest. The Association <br />need not accept any tender of a partial payment of an Assessment and all costs and attorneys' fees <br />attributable thereto. Acceptance of any such tender does not waive the Association's right to <br />demand and receive full payment. When an Owner makes a payment, the Owner may request a <br />receipt and the Association shall provide it. The receipt shall indicate the date of payment and the <br />person who received it. The Association shall provide a mailing address for overnight payment of <br />Assessments. <br />B. Payment Plan: An Owner may submit a written request to meet with the <br />Board to discuss a payment plan for the Assessment debt noticed pursuant to Section 4.9.A. The <br />Association shall provide the Owner(s) the standards for payment plans, if any exist. The Board <br />shall meet with the Owner in an executive session within forty five (45) days of the postmark of the <br />request, if the request is mailed within fifteen (15) days of the date of the postmark of the notice, <br />16 <br />03/06/12 <br />TAWPW1N601PR0]ECTS1333 MAIN STREETIDEC - DIZUFTWG FORM[7][03 06 12].doe <br />