Dealing With Delinquencies: Make Sure Your Association Has a Collection Policy

A homeowner association depends on the regular income from assessments to pay for services, amenities and common maintenance expenses. Without the timely collection of assessments from homeowners, the association simply cannot function properly. Unfortunately, most community associations at one time or another have to deal with homeowners who default on their assessments. Having a clearly defined policy for payment and collection of assessments, and consistently enforcing it, is essential for every association.  Read the article…………


Related Articles

Pool Season: Is Your Association Ready to Take the Plunge?

Many Community Associations prepare to open their neighborhood pool by adding chemicals and performing maintenance to ensure the health and

How to avoid becoming a headline – or successfully dealing with it if you do

As you know, from time to time, HOAs end up in the news for perceived abuses to residents of an

MI Ct. of App. Rules that Condo Assn. is Not Entitled to Notice of Surplus Funds From Foreclosure Sale

In Moon Lake Condominium Association v RBS Citizens, Case No. 323476 (Michigan Court of Appeals, November 12, 2015, unpublished), the