At time of publishing these figures were correct, please check before using them.
Fee /Cost
Condo
CO-OP
HOA
Time Share
Application
1) 2.00
X
Annual filing fee
2) 4.00
X
X
Annual filing fee
3) 20.00
X
X
Developer filing fee
4) 25.00 or 5%
X
X
Maximum late fee
5) 50.00
X
X
X
Minimum damages per day for failure to provide records (max. 500.00)
6a) 100.00
X
X
X
X
Maximum elevator fee
6b) 100.00
X
X
X
Maximum fine per day (not to exceed $1000.00 total)
6c) 100.00
X
X
Maximum transfer fee (if in documents)
7) 1,000.00
X
X
X
X
Fine failure to report elevator incident(bodily injury/death)
8) 10,000.01
X
X
Reserve account required
9) 100,000.01
X
X
CAM licensed required
10) 100,000.00 to 199,999.99
X
X
Compiled financial statements
11) 200,000.00 to 399,999.99
X
X
Reviewed financial statements
12)400,000.00 and above
X
X
Audited financial statements
These figures are provided as accurate at time of placement, PLEASE check your statutes for any updates, changes in the laws occur frequently, should you notice a change please advise us. We will make every attempt to keep the site up to date.