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If I make a payment on my HOA account, how is that money applied to my various debts?

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#1

07-01-2023, 06:03 AM

If I make a payment on my HOA account, how is that money applied to my various debts?

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ArizonaHOAResponder Offline

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#2

07-02-2023, 02:59 PM

Payments are applied in a specific statutory order: first to unpaid assessments, then to current assessments, then to collection fees.

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