Collecting On Judgments

Sometimes owners in a community don’t pay their assessments. Often, the Board of Directors must file a lawsuit to collect the delinquent assessments. The lawsuit is filed in small claims court or the civil court in the county where the property is located. Typically, owners do not respond to the lawsuit and the Association receives a “default judgment.” But a judgment is only as good as the Association’s ability to collect the judgment.          Read the article……….


Related Articles

Condo policies can help or hurt property values

It takes more than a neat, attractive condominium or town house to make a sale at a fair price. Buyers

Bankruptcy of Owners and Effective Association Assessment Collections

Collection issues are particularly challenging to owner associations when an owner files for bankruptcy.  Owners can file 3 different ways

3 Ways to Increase Team Work In Your HOA

Legendary football coach Vince Lombardi once said “Individual commitment to a group effort — that is what makes a team