Condo Association Management Blog

Can condo association charge owners $25 for not attending meeting?

Posted on Fri, Sep 21, 2012 @ 09:20 AM

I live in Iowa in a townhome community with 60 units. We are about to have our annual meeting. We homeowners were informed that if we did not attend the meeting or submit a proxy by March 30th. we would be assigned a fee of $25 which would be added to our monthly dues. Can this be legally enforced?