---
title: My HOA is over-charging for late-fees
description: Our HOA is over-charging for late fees. Who do I contact about this?
---

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# My HOA is over-charging for late-fees

| [Board of Directors](https://www.condoassociation.com/blog/topic/board-of-directors) |   [Fees, Foreclosures, Delinquencies & Collections](https://www.condoassociation.com/blog/topic/fees-foreclosures-delinquencies-collections) |  

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## What do you think? Question:

I believe the HOA in my neighborhood is overcharging for late fees. The C&R's indicate that 10% per annum will be added for late assessments. The monthly HOA fee is $55. In this case, my understanding is that this means 10% per year, so $5.50 per yr or $0.4583 per month late fee. The HOA is currently charging $5.50 per month with compounded interest. This hugely differs from what I understand we should be charged. Am I correct in my understanding? And if the association won't discuss the matter with me, who do I contact to get this issue resolved?

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## What do you think? Answers (14)

#### 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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