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11 months ago

as the president of a condominium association can i impose a fine of 100.00 a day for non performance

Social Studies

1 answer:

lbvjy [14]11 months ago

5 0

As the president of a condominium association, you can impose a fine of 100.00 a day for nonperformance.

Hence, the above statement is Correct.

How did this occur?

Condominium and cooperative fines are capped at $100 per day, and further capped at $1,000 in the aggregate for continuing violations.
They are regulated by the NJ Department of Community Affairs.
The fining committee is responsible for this whole task.
A condominium can come into effect whenever there is any violation.

Hence, the above statement is True.

To know more about Cooperative Efforts from the given link

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