Utah § 8a-201 - Payment of a common expense or assessment -- Late fees.
Full text of Utah Utah Code § 8a-201 — Payment of a common expense or assessment -- Late fees., with citation guidance and answers to common questions.
§ 8a-201. Payment of a common expense or assessment -- Late fees.
Effective 5/7/2025 57-8a-201.
Payment of a common expense or assessment -- Late fees.
(1)
An owner shall pay the owner's proportionate share of:
(a)
the common expenses; and
(b)
any other assessments levied by the association.
(2)
A payment described in Subsection (1) shall be in the amount and at the time determined by the board of directors in accordance with the terms of the:
(a)
declaration; or
(b)
bylaws.
(3)
An assessment levied against a lot is:
(a)
a debt of the owner at the time the assessment is made; and
(b)
collectible as a debt described in Subsection (3)(a).
(4)
The board of directors may impose, for a late payment:
(a)
a late fee, not to exceed the greater of:
(i)
10% of the assessment amount; or
(ii)
$50; and
(b)
interest on the assessment and late fee of up to 1.5% per month.
(5)
Before imposing a fee under this section, the board of directors shall:
(a)
adopt a fee schedule by rule in accordance with Section 57-8a-217 that describes the amount of fee the board shall impose; and
(b)
provide a copy of the fee schedule to each lot owner.
Section 8a-201 ("Payment of a common expense or assessment -- Late fees.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Utah § 8a-201?
A common citation format is "Utah Code § 8a-201" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Utah law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.
How does Utah § 8a-201 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.
