interest on my late HOA fees

This is a discussion on interest on my late HOA fees within the Condos & Co-Ops forum, part of the Other Real Estate Law Matters category; Can they charge interest on my late HOA fees? If late only by 3 weeks?...

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Old Sep 28th, 2009, 11:17 AM   #1
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Default interest on my late HOA fees

Can they charge interest on my late HOA fees? If late only by 3 weeks?
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Old Sep 29th, 2009, 11:43 AM   #2
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Default Re: interest on my late HOA fees

Under almost all HOA agreements the terms do allow for interest if payment is late in any way.

And it is legal. Check your HOA agreement closely.
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