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Does the statutory $15 limit on late fees include administrative costs for sending late notices?

PaloVerdeVibes Offline

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#1

03-18-2023, 08:56 PM

Does the statutory $15 limit on late fees include administrative costs for sending late notices?

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HOAExplainerGilbert Offline

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#2

03-25-2023, 01:31 PM

No. The $15 limit applies to the 'late charge' itself, not to separate collection fees charged by management companies.

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