Courts Say Condo Boards Can’t Levy “Confiscatory” Penalties

The bylaws of many condominiums authorize the board of managers to impose fines for violations of the rules and regula­tions, and also authorize the collection of late fees for failure to pay the common charges on time. However, recent court cases have set limits on the amount of these fines and late fees, even refusing to enforce such a penalty if it is “confiscatory in nature.”     Read the article……….


Tags assigned to this article:
condoenforcementfines

Related Articles

Reservation of Rights

Most community association board members are aware that if a person sustains an injury in the association’s common elements, such

Five things every condo association board member should know

There are many reasons why someone takes part in the board of their condo association. However, no matter what their

Defending (My) Our Castle: A Look at Gun Regulation by Community Associations

On September 6, 2012, David Merritt, president of the Spring Creek Homeowners Association, called a homeowners association meeting to order.