Generally speaking, a fine schedule is a policy put in place by the HOA that helps with enforcement of the community’s governing documents. If someone is in violation of the governing documents, they will typically receive a warning notice with a request to remedy the issue. If the problem persists, further notices will accompany fines in accordance with the fine structure (which is outlined below).
These fines will be added to the violators HOA account and will show up on their monthly statements.
- 1st notice – Warning; no fine.
- 2nd notice – Level 1 fine $10.
- 3rd notice – Level 2 fine $50.
- Any and all subsequent notices will accompany additional $50 fines until the issue is resolved (with a maximum of $500 per month)