Our HOA dedicatory instruments give the board the authority to fine for violations, but does not specify a certain amount. Historically, fines have been $50 for each occurrence of violations. Although we do have a violation enforcement policy (without specific amounts) filed in the property records, the new management company refuses to continue with the $50 fine unless the board files with the property records a fine schedule. The board has been told that legally they cannot enforce what we have been doing.
I'm confused because the law does say that there must be a filed enforcement policy but I can't find anywhere that it states a fine schedule must be filed. I would appreciate any input.