Reasonable collection fees for HOA
used bank online system to pay HOA
fees, my management company
requested since I do not send them a
debit form to use another address to
send my payments, I made a
mistake in zip code while changing
the address. The HOA attorney
contacted me via mail, I called them
back, but they informed that 10 day
period passed, now they request my
payment 2 month payment plus fee,
and they add over $1,000 dollars of
attorney and collection fees. Every
time I called them they keep
charging me more and more fees. Is
any action I can do against the HOA?
What is reasonable collection fees?
My HOA fees is 200/month
1 Answer from Attorneys
Re: Reasonable collection fees for HOA
There should be a late fee spelled out in your HOA bylaws, and it should be around 5%. If this was the first time you had this problem, it shouldn't have been escalated to the legal level so quickly. You need to speak to someone with authority to adjust the amount due to a reasonable level so they don't lien your property with these fees. If this were in court, no judge would approve that much in attorney fees on a $200 debt, but they usually just file a lien and wait until you go to pay off your loan to collect.