Question:
Can fines be imposed if it is not written in the HOA Bylaws? Fines for exterior repairs or parking violations? What happens when the board breaks these rules and continues to fine homeowners; what is the recourse?
– Betty
Answer:
Minnesota Common Interest Ownership Act Section 515B.3-102(a)(11) states:
“(a) Except as provided in subsections (b), (c), (d), and (e), and subject to the provisions of the declaration or bylaws, the association shall have the power to:
(11) impose interest and late charges for late payment of assessments and, after notice and an opportunity to be heard before the board or a committee appointed by it, levy reasonable fines for violations of the declaration, bylaws, and rules and regulations of the association;”
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