Condo Q&A

Can't pay assessments on time. Will state law protect me?

Written by CondoAssociation.com | Sun, Jun 7, 2015 @ 02:56 AM

Our Condo Association has a Special Assessment to be paid over a 5 month period. I have asked for a hardship exception that would allow me to pay the assessment over 12 months. (I have been ill and my monthly cash flow has been severely reduced) The Board denied my request. Does the MA Condo Law afford me any recourse? I will most likely not be able to pay the monthly amount and I will slow pay over the 12 months anyway. This will result in a $25.00 monthly late fee. In addition, it is likely they will engage a lawyer at some point once the assessed fees go beyond 90 days. And per the by-laws, I will be responsible for the attorney fees. Thank you for your help from Massachusetts.