Please use this page as a reference for some of the Association’s most frequently asked questions. Have a question that hasn’t been answered on this page? Please Contact Us.
Dues and Assessments Questions
Every person/corporation or LLC who owns property in the Roaming Rock Shores subdivision. Multiple properties are charged differently. See Rates for more information.
By virtue of buying property in the Association, you are required to per our Covenants and Restrictions. Dues and Assessments are our primary way of funding our operations.
Your Dues and Assessments are used to fund the maintenance of all Association facilities, capital improvements, and personnel.
Invoices for Dues and Assessments are sent out annually after the first of the year. They can be paid in installments or all at once no later than May 1st. We provide options for in-person, drop off, mail, and online payments. There is a fee for using electronic means of payment.
Non-payment of Dues and Assessments are subject to late fees, liens, collections, foreclosure, court action, or forfeiture as the situation warrants. Selling your property does not eliminate back fees; they go with the property with the exception of bankruptcies and/or foreclosures.
Bylaws Article II, Section 14
Property in the Association is your personal responsibility. If you no longer wish to own your property, you are welcome to sell privately or through a realtor. Lot takebacks are very rarely accepted and must be approved by the Board of Directors.
With regard to the Dues and Assessments, no. The rate of Dues and Assessments is set by the number of lots you own, their consolidation status, and whether there is a home on the lot. See Rates for details. If you don’t own a watercraft, obviously, you are not required to purchase a watercraft decal.
Your Dues and Assessments will be prorated to the day of closing, usually through your Title agency. If you are already a property owner and purchase an additional lot, the new rate will become effective the next fiscal year.
Dues are set at $60/year and can only be changed with a 2/3 majority vote of the Membership. The amount of Assessments is set by the Board of Directors. Any increase shall be limited to no more than 10% plus the inflation rate (based upon the Cost of Living as established for a 12 month period ending September 30th of each and every year by the Department of Commerce.)
Bylaws Article II, Section 10
