Q. My condo Board has approved a $25.00 late fee for payments received after the 5th of the month.  Apparently, this policy was decided via email.  Does the Board need to vote on a late fee at a Board meeting?

This section of the article is only available for our subscribers. Please click here to subscribe to a subscription plan to view this part of the article.

 

 

Search Articles...

Membership Plans

Subscribe to the Chicago Condo Resource to access our Members Only Content.

Subscribe to Newsletter

Seminars & Events

Thu Aug 20 @ 1:00PM - 02:00PM
Contracts: The Do’s, the Don’ts and When Disaster Happens!
August 2020
S M T W T F S
1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31