Can the Monthly Mutual Fee Be Debited From My Checking Account?

Yes, shareholders have the option to pay their monthly assessments via direct debit from their checking account. Leisure World have a simple form to fill out and requires a blank voided check. The direct debit amount will be the amount of the monthly assessment only. If there are other charges to the shareholder’s account, such as a service maintenance invoice, those types of charges will need to be paid by check or cash.