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When the Board Decides to Raise Late Fees – Keep it Reasonable (OH)

/ Owner - January 18, 2021

With increasing postage rates and other costs, some boards are considering raising the association’s administrative “late fee” assessed to delinquent owners. When an owner fails to make timely required payments some administrative actions are taken including account reviews, second billing statements, and the sending of delinquency reports to legal counsel.   Read the article…………………………………

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