You authorize Blackstone Management and its financial institutions and affiliates to automatically debit your designated bank account or charge your credit card for recurring association assessments, including monthly, quarterly or annual dues.

Your authorization also applies to future assessment changes that are adopted through the association’s annual budget or otherwise approved by the Board of Directors. A new authorization is not required solely because the assessment amount changes.

You are responsible for reviewing your payment information and providing information that is current and accurate.

If a debit or payment is returned by a financial institution because inaccurate information was provided, you are responsible for the associated fees and charges.

Automatic debit amounts may change annually or at other times based upon approved association budgets, special assessments or other lawful charges.

Owners are responsible for reviewing budget notices, assessment communications and account statements so they remain informed about the amounts due on their accounts.

Blackstone Management and its financial institutions and affiliates are not responsible for overdrafts, insufficient-funds fees or other bank charges resulting from an automatic debit.

You are responsible for ensuring that sufficient funds are available in the designated account at the time each scheduled debit is processed.

If you change your bank account, credit card, expiration date or financial institution, your payment information must be updated promptly through the owner portal or by contacting our office.

Failed payments resulting from outdated or incorrect information remain the owner’s responsibility and may result in late fees, returned-payment fees or other enforcement actions permitted by the governing documents.

Automatic debit remains in effect until a cancellation request is properly submitted.

Cancellation requests must be made in writing or completed through the owner portal and must be received prior to the next scheduled debit.

Owners should not assume that automatic debit has been canceled unless the cancellation request has been properly submitted.

Terminating ownership of a property does not automatically cancel auto debit.

A written cancellation request must still be provided. Owners are responsible for managing and canceling their automatic payment arrangements in connection with the sale of the property.

A payment that is returned or rejected for any reason may be subject to applicable returned-payment fees, late fees or other charges allowed under the association’s governing documents, applicable law and Blackstone Management’s standard operating procedures.

Debit dates are determined by the association’s assessment schedule and applicable payment-processing timelines.

Processing delays caused by banks, payment processors or holidays are outside Blackstone Management’s control.

Blackstone Management is not responsible for errors or delays caused by banks, credit card companies or third-party payment processors.

By submitting your automatic debit information, you acknowledge that you have reviewed, understand and agree to these terms and conditions and authorize Blackstone Management to process payments in accordance with this authorization.