MOA Late Fee Policy
A twenty-five dollar ($25.00) late fee will be charged on the last day of every month that a unit owner owes twenty-five dollars ($25.00) or more of any type of fee including, but not limited to, condominium fees, interest fines and late fees.
Interest at the rate of twelve percent (12%) per annum will be charged on the last day of the month on unpaid condominium fees.
By vote of the Mattabasset Owners Association Board of Directors
Policy approved on September 28, 2009
Policy effective starting October 1, 2009