Tips for Collection Policies

The authority to levy and collect assessments is found in the Declaration/CC&Rs of community associations. However, there aren’t typically specific procedures to follow if an owner is delinquent in the payment of assessments. Most condominium and homeowner associations adopt a separate resolution or policy which governs how the association will handle collecting delinquent owners. Here are a few things to consider when adopting a collections policy:    Read the article…………….


Related Articles

Understanding Easements

Easements are very common in condominium and homeowner associations throughout Oregon and Washington. Simply put, an easement is the right

HOAs: What You Need to Know About Rules

If you live in a newer suburban community or planned unit development, you — like some 63 million other Americans,

Funding Your Reserves: Banking Against Surprises

Bill and Martha Jensen bought a new condominium in Brockton in 1995 and lived there for 19 years. In 2014