CABRINI VILLAS HOA OFFERS
AUTOMATIC DRAFTING

 AUTOMATIC DRAFTING FROM YOUR BANK ACCOUNT FOR FIXED NORMAL MONTHLY CHARGES OF YOUR ASSOCIATION IS NOW AVAILABLE.  A DRAFT WILL BE PRODUCED ON THE 10TH OF EACH MONTH.  NON-RECURRING AMOUNTS, SUCH AS LATE CHARGES OR FINES, CHARGED TO YOUR ACCOUNT CANNOT BE DRAFTED AND MUST BE PAID BY CHECK.  THE AMOUNT OF DRAFT WILL INCREASE OR DECREASE BASED ON ASSOCIATION FEE CHANGES.

YOUR ACCOUNT MUST BE IN A CURRENT STATUS (OWING ONLY THE CURRENT PERIOD) TO BE ELIGIBLE.

 A VOIDED CHECK MUST BE STAPLED TO THE ENROLLMENT FORM AND ENCLOSED WITH YOUR CURRENT PAYMENT.  THE ENROLLMENT FORM MUST BE RECEIVED BY THE 10TH OF THE MONTH.  ENROLLMENTS RECEIVED AFTER THE 10TH MAY BE DELAYED AN ADDITIONAL MONTH.

REQUESTS TO CHANGE BANKS OR DISCONTINUE DRAFTING MUST BE RECEIVED BY THE LAST DAY OF THE MONTH.  ESCROW CLOSINGS AUTOMATICALLY CANCEL DRAFTING.  THE MAJORITY OF BANKS HAVE HONORED OUR DRAFTS.  YOU MAY NEED TO GIVE YOUR BANK A LETTER OF AUTHORIZATION.

 A DRAFT DISHONORED BY YOUR BANK WILL AUTOMATICALLY CANCEL DRAFTING ON YOUR ACCOUNT.  REQUESTS TO RE-START DRAFTING AFTER CANCELLATION WILL BE SUBJECT TO A $5 REINSTATEMENT FEE.

 

STAPLE VOIDED CHECK HERE

 

Association Account # Phone
Your Name
Name of Association
Address of Unit

PLEASE LET YOUR BANK KNOW YOU WILL HAVE YOUR ACCOUNT DRAFTED.
A DRAFT WILL HAVE THE FOLLOWING PRINTED:

PRE-AUTHORIZED DRAFT (SIGNATURE NOT REQUIRED)

Signature Date