Assessments

Each year, in January*, homeowners will receive a Budget Letter & Statement showing the amount they owe for the annual assessment.  Payment for at least half of the annual assessment must be made by February 1.  If not paid in full, the remaining amount must be paid by August 1.  No additional notice is sent for the August payment, so it is up to the homeowner to ensure that the second payment is sent when not paying in full.  This page describes how to ensure that your assessments are paid so that you do not incur late fees.  
 
Important Details of the Letter
  • General letter:  Assessment Notice 2025.pdf
  • Your personal letter contains your name, address, and account number on a tag at the upper right corner.  All of these begin with 6883 (the management ID) and 8769 (the community number).  The number beginning with T is your personal account number. All three of these numbers are needed for payment.  If you have questions while trying to pay, call Towne Properties during business hours:  859-291-5858.  
  • There are several options for payment - please read on below or see this notice:  Methods of Payment.  Please note that mailing a check is the only method they allow that doesn't have an extra transaction fee.  We recommend using your bank's Billpayer Service to do this as it is typically free of charge.
Options for Payment
 
OPTION 1:  Sign up on-line directly with Alliance bank to do recurring payments via ACH withdrawal ($0.95 transaction fee applies)
(Recommended for anyone with no prior balance who wishes to have payments made automatically.  If you have a prior balance you should make a one-time payment to clear that balance first, so as to avoid late fees.)
  1. Visit: https://pay.allianceassociationbank.com/Home?cmcid=8D6F34AF
  2. Account Registration Code:  This is your Owners Account Number with Towne Properties.  It is a 7 digit number prefaced by the letter "T".  
  3. Management ID:  6883
  4. Community #:  8769
OPTION 2:  Payment by personal check (free) or through your personal banking center's Billpayer Service (typically free).   (Recommended for anyone wishing to avoid any type of service charge)
  1. The Alliance mailing address for Towne Properties is NOT the same mailing address as for the previous management company.  Make sure to use the address below.
  2. Make the check payable to Clover Ridge
  3. In the MEMO section of the check, list your account number as 6883-8769-"txxxxxxx" (filling in your own number for the x's)
  4. The payment must be directed to the address below.
Clover Ridge
c/o Towne Properties
PO Box 621717
Orlando, FL 32862-1717
 
OPTION 3:  Payment with credit or debit card (substantial fees apply)
(Not recommended as additional fees added by the vendors can be substantial)
  1. Sign up at www.towneproperties.com and Select HOA/COA login.  Register with Clover Ridge's Community Cafe if you have not already.  Your registration code is your account number starting with a lower case "t":  "txxxxxxx"
  2. Note:  Please be aware that when viewing your account from the TP Portal, it will show only what MUST be paid as of the current date.  So for example, if viewing it in February it will show only half of the annual assessment since the other half is technically not due until August.  You can still pay the full assessment and then you won't need to do it again for the second half of the year.  
Need Assistance Making Your Payment?
If you need any assistance on how to make a payment or how to set up automatic payments, please contact Towne Properties at 859-291-5858 during regular business hours (8:30AM - 5:00PM).  
 
Delinquent Amounts
If your account is delinquent (i.e. there is money owed from prior to the current year, you should already be receiving additional notices in the mail and should immediately contact Towne Properties to get the delinquency resolved.  Note that these notices would not include amounts due for 2025 until February.  
 
Budget
If you want to see the budget for 2025, please find it here:  2025 Budget