---
title: Can HOA board dictate assessment terms?
description: Is a 10 day grace period for assessments mandatory or can a Board insist assessments are paid by the first of the month issuing a $25 fine for assessments turned in after the first?
---

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# Can HOA board dictate assessment terms?

| [Condo & HOA Assessments](https://www.condoassociation.com/blog/topic/condo-hoa-assessments) |   [Board of Directors](https://www.condoassociation.com/blog/topic/board-of-directors) |  

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## What do you think? Question:

Is a 10 day grace period for assessments mandatory or can a board insist assessments are paid by the first of the month issuing a $25 fine for assessments turned in after the first?

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## What do you think? Answers (4)

#### What are your thoughts on this topic?

***Comments and postings are not legal advice**, but are the opinions of our readers. This forum and its contents are being monitored. Please be respectful of each other. *  
  

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### [Can property management company charge late fees?](https://www.condoassociation.com/blog/can-property-management-company-charge-late-fees)

### [Is condo association assessment done right?](https://www.condoassociation.com/blog/is-condo-association-asssement-done-right)

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