I am looking for some information on Michigan state laws govering Condos. I believe that our management company is illegally assessing late fees. For example, if you pay your dues late, you are assessed a $35.00 late fee. Dues are due on the first of the month, but late fees are not assessed until the 11th of the month.
Historically, if the 10th falls on a weekend day, dues are accepted on time the following business day.
The management agency is wishy-washy on this issue, meaning they may or may not use this policy (and they may or may not assess you a late fee.
Second, if you are assessed a late fee for a particular month, and the next month you pay your dues on time, the company assesses you another late fee because you have a previous balance. To my knowledge, this is illegal, but I can't find the information to support it. Can you help or direct me in the righ area to find this information?