Late Payments & Fee Schedule Update

CHART OF FEES AS OF APRIL 2026

LATE FEE: $25 – Payments are due on the 1st of the month and considered late on the 5th.

LATE LETTER: $15 – Sent out after the 15th of the month where there is a balance on account

1st NOTICE: $45.00 – Sent out after 30 days where there is a balance on the account

DEMAND LETTER (Pre Collections): $100.00 – Sent out after 39 days where there is one month of more of fees due on the account.

ATTORNEY COLLECTIONS: $175.00 – Referred after 72 days where there is two or more months of fees due on the account. Homeowner will also have to pay any and all attorney and pre-lien fees.

Many of these fees are costs the Association pays to third-parties.

The Board encourages you to sign up for ACH to ensure you fees are paid on time

Paying Your Monthly Maintenance Fees – elwcondo5.org