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Q: In what order are payments applied towards charges on an owner’s ledger?

A: When payments are received they are applied towards outstanding charges in the following order:

Legal Fees, NSF Fees, Fines, Collection Fees, Late Fees, Special Assessments, Regular Assessments, Master Association Assessments, Landscaping Assessments, and Water/Sewer/Utility Billing.

Charges of each type are paid in order of age; oldest first.

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