Bella Vista Townhouse Association

Your Townhouse Association Board of Directors is announcing the 2024 Annual Assessment. Beginning January 1, 2024, we will be increasing the monthly dues by $10.00, which is a 12.50% increase. The monthly payment will now be $90.00 per month, for a total annual payment of $1,080.00. Covenants entrust the Board with the responsibility of ensuring your Association’s ongoing financial viability. While the Board can raise assessments up to 20% annually, increases are made only when needed. The last time there was an increase was 2019, and prior to that was 2016.

 

Owners are encouraged to use automatic bank draft as the method of payment.  If you would like to get setup with automatic        payments, you can contact us at (479) 855-9328 and we will happily assist you.  Payments received on or after the 15th will incur a    $10.00 late fee.  If payment is not received before the last day of the month, an additional $9.00 interest fee, per month, will be        assessed until the account is brought current.

A $30.00 fee will be added to your account for any returned payments, ACH or closed accounts.

There is a $200.00 owner transfer fee required for transferring the ownership when a property is sold. Buyers will be asked to pay the remaining yearly assessment balance at closing and will then be able to make arrangements through the office for future payments.

Please know your Townhouse Association Board of Directors and Staff are dedicated to efficient operations and providing the best service possible. We invite you to attend our Board meetings, that are held on the third Wednesday of each month, at 4:00 pm.  The December Board meetings are held on the second Wednesday of the month, at 4:00 pm.  The meetings are located at the Townhouse office located at 2 Cora Circle, in Drake Courts.

Please click on the below link to access our application form, that includes rates, deposit information and our cancellation policy.  We also included a link to the Recreation Facility Rules for your convenience.

Recreation Hall Application Form

Recreation Facility Rules

Available for rent to townhouse owners. Sheds range from $25.00 to $30.00, per month, depending on the size. We have a limited number available so please contact the office for availability.