Sorry, this entry is only available in Español.

Sorry, this entry is only available in Español.

Dear Homeowners,

In order to promote the protection and care of our condominium common areas, the Board of Directors has approved a series of monetary penalties to be charged to homeowners who incur/permit situations that result in our the deterioration of our complex.

Attached you’ll find a descriptive table listing the relevant situations and the charges approved to be levied.

We request support from all of you to be on the alert and protect the integrity of the common areas.

Kind regards,

Homeowners Association
Bahía del Mar Condominium

Attachment: Table of Monetary Penalties for Damage or Abuse of Common Areas

Dear Homeowners,

As you may know by now, Westernbank, which is the bank where our Homeowners Association established its checking account, was acquired by Banco Popular de PR (BPPR).

Effective this coming Friday 27 August 2010, the accounts of Westernbank will be converted to the BPPR system. For the moment, those homeowners who make direct deposits of their monthly maintenance dues will be able to continue doing so to the account number at Westernbank, which will be tied to the new account number that will be created at BPPR. Even so, as soon as we have the information about the new account number at BPPR, we will inform you in order for you to make the necessary change to your payment instructions with your bank.

Thank you for your attention to this matter.

Cordially yours,

Board of Directors
Bahía del Mar Homeowners Association

Dear Homeowners,

Recently we have noticed an increase of situations where the behavior of tenants in our condominium has resulted in littering and damages to common areas.  These require cleaning and repairs, which have a cost.

For this reason and to promote each Homeowner’s duty to properly inform tenants of theirs responsibilities, the Board of Directors has decided to implement the Policy for rentals contained in the By-Laws of Bahía del Mar (Reglamento de Administración del Condominio Bahía del Mar).

Therefore, apartment rentals must be notified to the Board of Directors at least three (3) days before they begin. The homeowner must provide the name and address of the tenant, and must certify that he has given the tenant a copy of the By-Laws of Bahía del Mar Condominium and any other rules eventually approved. The homeowner must inform the tenant that he will be covered by the provisions of these rules.

The Notice/Certification may be made through email to the Board of Director’s address (bahiadelmarrincon[at]gmail.com), or through regular mail to the following address:

Asociación Titulares Bahía del Mar
45 Benjamín Gómez Apt. 400
Rincón PR,  00677

For your convenience, we have included a copy of the By-Laws document on our website (www.bahiadelmarrincon.com) and a summary of the Rules in English and Spanish for your knowledge and that of your tenants.

Homeowners renting for a term shorter than six (6) months must put down a deposit of one hundred fifty dollars ($150) to cover damages that may be caused by the tenant. The deposit will be returned at the end of the rental period if no disbursement is necessary to repair damages caused. Every homeowner will be responsible for damages caused by tenants, occupants or visitors to the complex.

The deposit must be submitted to the Board’s Treasurer prior to the rental period.  Homeowners that rent theirs apartments frequently, and who so prefer it, may leave the deposits with the Homeowners Association for a period exceeding the term of the initial rental and avoid in this way the process of receiving reimbursements and providing new deposits individually for each tenant.

The Board has decided to put these Rules into effect as of 15 April 2010.  Noncompliance with these Rules may be subject to fines as established in our By-Laws and the Puerto Rico Condominiums Law, no. 103 of 2003.

We request your adherence to these guidelines so that our condominium can keep its special beauty in the interest of us all, the Homeowners.

Regards,

Bahía del Mar Homeowners Association

Dear Homeowners,

As you already know, effective December1, 2009 the homeowners of Bahía del Mar received from the developer HQJ Real Estate the responsibility for the administration of our condominium. In order to comply with the payment of administration, conservation and repair expenses of our property’s common areas, we need the timely payment of the maintenance fees from each one of the homeowners. It’s for this reason that we remind you of the provisions contained in the Bahia del Mar Homeowners Administration Regulations, as they refer to the contributions for the payment of administration and maintenance expenses.

Every month we send out maintenance fees invoices that are payable on or before the fifteenth (15) day of the each month. The Regulation, in Article V, section (2), establishes that maintenance fees not paid within the time frame provided will be charged interests at the maximum legal rate, which is six percent (6%) in Puerto Rico. Also, Homeowners that had not made the maintenance fee payment by the fifteenth (15th) day of each month will be subject to a surcharge equivalent to ten percent (10%) of the fee due. In the case of two (2) or more maintenance fees invoiced without payment by the fifteenth (15th) day of each month, Homeowners will be subject to a surcharge equivalent to twelve percent (12%) of the total amount due.

After two (2) payments in delinquency, the Homeowner will be sent by certified mail a detail of the charges due, warning him that if total the amount due is not paid within fifteen (15) days, water and electricity services will be disconnected. If these services are re-connected without previous authorization of the Board of Directors or Administrator, the Homeowner will be subject to the imposition of a triple surcharge.

The lack of payment of three or more maintenance fees installments will imply an additional surcharge of one percent (1%) of the total debt. In addition, the Homeowner will be denied the right to vote in the Homeowners Assemblies and to participate as a Member of the Board of Directors, until the debt is fully paid.

The Homeowner with delinquent maintenance fees invoiced will be subject to be judicially required to pay the amounts due, and will be responsible for all incidental charges and expenses, including, but not limited to, legal expenses.

The Board of Directors has decided to implement these provisions contained in the Regulation effectively March 1, 2010. This is why we urge you to responsibly contribute to the maintenance of our condominium in order to suitably use and enjoy this property.

Respectfully,

Homeowners Association Bahia del Mar