What cannot be included in delinquent fines for violations of the governing documents?

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Interest cannot be included in delinquent fines for violations of the governing documents because fines for violations are generally intended as a punitive measure rather than a financial obligation that accrues interest like a loan or debt.

In many community management contexts, fines are typically set amounts for specific violations and are defined by the governing documents. The intent behind these fines is to encourage compliance with community rules rather than to create a financial burden that incurs additional costs over time. Therefore, the governing documents usually specify the fines without adding interest.

In contrast, collection costs, reports to the Division, and foreclosure expenses are often linked to the enforcement of those fines and debts associated with them, as they may represent costs incurred by the association in the process of collecting unpaid fines. These actions can be necessary to recover debts owed to the community, hence they may be applicable in situations of delinquency.

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