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I need clarity: if the by-laws do NOT state an amount(s) for the fines levied against an owner, then fines cannot be levied? Our by-laws say something to the effect of “fines can be levied at the discretion of the board”, but no fine amounts are shown. So what I am gleaning from this is that every owner in our complex that has received a nasty letter from our property manager stating we will be fined for whatever they/the board believe is a by-law infraction can only be fined if the fine amounts are explicitly itemized in the by-laws?
