Thinktech Hawaii

Like what you see? Please give generously. http://www.thinktechhawaii.com On Condo Insider. Priority of payments policy was established as a means for AOAO’s to recover late fees, interest and legal fees incurred by them when owners failed to timely pay their maintenance fees. Implementation of the policy by the AOAO’s and their managing agents many times resulted in application of maintenance fees without notice to the owners (especially where owners were paying their maintenance fees under an automatic payment process or owners bought their units after adoption of the policy) until the amount owed was so substantial that it resulted in foreclosure of the unit. The hosts for this episode are Cheryl Franklin and Yuriko Sugimura.