Association Fine Policy

In accordance with Article XII, Section 1 (d) of the Amended and Restated Declaration of Horizontal Property Regime together with the Covenants, Conditions and Restrictions (CCR’s), the following Fine Policy is adopted:

 

First Infraction                                                         Violation Letter-No fine

Second Infraction                                                    $75 fine

Third Infraction                                                       $150.00 fine

 

Further infractions within the same 12 month period shall be fined a minimum of $300.00 with a maximum of $500.00.

 

When applicable, a daily fine may be imposed of $10.00 per day until the infraction is corrected.

 

All fines are imposed by a majority vote of the Board of Directors.

 

This document approved by the Board of Directors, 19 November, 2009. A signed copy of this document is on file.