My question involves collection proceedings in the State of: Washington
I live in a housing development that has a HOA. I have been delinquent in paying my yearly $100 homeowners association dues for 7 years. I would like to come clean on this and of course as you can imagine I have a large bill because they have charged me a $10 monthly fee every month that it was delinquent. QUESTION: What is a HOA due ? A thing of property, the wanshinton HOA law or contract ? Are they subject to contact 6 yr statute of limitation in Wash state or HOA/Condo Act which seems to have a 4 yr statute of limitation? I want to pay this - but obviously I am trying to not pay more than I have to. Secondly, is the $10 a month fee/penalty usurious under the RCW usury statute ? thanks !!