As you probably know, savings accounts and certificates of deposit (CDs) are paying very low rates these days. After some of Talltree South’s reserve CDs matured, the board was looking for the best rate they could find to reinvest the funds.

We found a good rate at the NASA Federal Credit Union (www.nasafcu.org). We were able to join the Credit Union as a member organization.

As members of Talltree South, you can open a share (savings), draft(checking), IRA, or other account, or apply for a mortgage, car loan, student loan, etc. Credit Unions are member-owned and typically offer better rates than commercial banks. Just go to a branch office (Falls Church is closest)or to the website and indicate Talltree South as your qualifying organization.

Or look them up on the web, at www.nasafcu.com.

 

Things You Should Know

Governing Documents

The Virginia Condominium Act, as amended, gives the Association its legal status and gives the Association authority to levy and collect assessments.  The Declaration and the Bylaws authorize and describe how the Association is to be governed.

The Bylaws are the legal document that governs how the TallTree South Condominium Association operates. This large document is part of the resale packet provided to purchasers. For example, it sets out the officers of the Board of Directors and their terms of office. Amending the Bylaws requires a vote of 2/3 of the unit owners.

The Board Resolutions result in the Rules and Regulations for the policies and procedures to be followed by the Board, the Association management staff, and the Talltree South owners and residents. These rules apply to both unit owners and tenants, and have been provided in on this website and in the Owners and Tenants Handbook. Landlords must make sure that tenants review and agree to abide by all these rules as part of their lease agreement. Talltree South unit owners and tenants must receive and review the governing documents when they purchase or rent at Talltree.

clock
Copyright © 2017 Tall Tree South Condominium. All Rights Reserved.
Joomla! is Free Software released under the GNU General Public License.


Joomla Template by Joomlashack; Converted and upgraded by Ursa Major Consulting