Annual homeowners association (HOA) fees were established when the Chestnut Mountain Farms Homeowners Association was formed. For the past two decades, these fees have been the primary source of funding for HOA operations and maintenance services.
The annual HOA dues for 2027 are as follows:
- Undeveloped property: $770 per lot
- Developed property: $1,320 per lot with a residence or other permanent structure
The HOA’s operating budget depends on the timely payment of annual dues to fund ongoing services and maintenance.
Annual HOA Fee Assessment and Collection Process
Annual HOA fees are collected through invoices mailed to property owners. Invoices are customarily mailed in November or on or about Dec. 1 each year.
Property owners are responsible for paying their annual dues by the established deadline, regardless of whether they receive an invoice. If an invoice is lost or a property owner fails to provide the HOA with an updated mailing address, the obligation to pay annual dues remains in effect.
When property owners do not respond to mailed invoices, change their billing addresses without notifying the HOA or transfer ownership of property recorded in the Wilkes County parcel registry without notifying the association, the HOA must take additional steps to locate and contact the property owners of record.
These efforts require additional administrative time and expense to resolve outstanding payments and maintain accurate ownership and billing records.
Annual Dues Payment Information
Annual dues for each lot must be paid by the payment date provided on the invoice to avoid overdue payment fees.
Payments should be made payable to CMF-HOA and mailed to:
Chestnut Mountain Farm HOA
c/o Abby H. Champion, CPA, PC
215 Gilead Road, Suite 200
Huntersville, NC 28078
Property owners are responsible for keeping their mailing addresses and ownership information current with the HOA and ensuring that annual dues are paid on time.
Timely payment of annual HOA fees helps the association maintain essential operations, provide ongoing maintenance services and avoid unnecessary administrative costs associated with delinquent accounts.
