---
title: Can associations charge interest to late paying owners?
description: Maryland condo with delinquent owners. Our by-laws state that late fees can be assessed, however, no interest rate is specified. Consequently, we have used the default rate for the state, which is 6 percent.
---

[Condo Q&A ](https://www.condoassociation.com/blog)

# [Can associations charge interest to late paying owners?](https://www.condoassociation.com/blog/tabid/19257/bid/85328/Can-associations-charge-interest-to-late-paying-owners.aspx)

 Written by [stephen polinsky](https://www.condoassociation.com/blog/author/stephen-polinsky) | Mon, Jun 11, 2012 @ 12:33 PM

Maryland condo with delinquent owners. Our by-laws state that late fees can be assessed, however, no interest rate is specified. Consequently, we have used the default rate for the state, which is 6 percent. Is this the correct way to handle these situations or should we be doing something to establish a higher penalty to give owners more incentive to pay?

[View full post](https://www.condoassociation.com/blog/tabid/19257/bid/85328/Can-associations-charge-interest-to-late-paying-owners.aspx)

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