I was late paying my condominium maintenance fees. When I sent in my payment, my association paid off late and legal fees before applying the payment to maintenance fees.
Condominium associations can normally apply payments to late and legal fees before maintenance fees.
State law requires that the association deliver or mail written notice to the owner at least seven days before it applies any payment to late charges. This notice is often printed on each coupon or invoice sent out by the Association. The recent floods in the midwest resulted in a change so that coverage depends on the value of the building. However, there are two problems doing that. First, your policy will contain a co-insurance provision.