About condo maintenance fees in Vallarta and Nayarit

Some condominium’s bylaws refer to paying ordinary maintenance fees in quarterly payments. Article 48 of Nayarit State Condo Law states that the fees for common expenses, when condominium owners do not pay punctually, are subject to interest legally determined or fixed in the by-laws or by agreement of the owners in a general assembly. Recovery of the unpaid fees and the interest penalty can only be pursued when there are at least three outstanding payments. If the payment of maintenance fees is left at four month periods, the owners’ assembly would need to wait a full year, before it could pursue collection from a delinquent owner. Payment of fees monthly is common and would enable owners to pursue collection after three months. Enabling owners to pay their whole year’s fees or several months’ fees earlier than required will help with cash flow as the full amount of some annual costs must be paid early in the year.

Jose Luis Garcia Mazin

Puerto Vallarta & Riviera Nayarit Attorney at law,