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

Real-Life Algebra: Homeowners Association Dues Edition

But today, a gift fell into my lap: an actual, solve for x algebra application in daily life. A gentleman

6 Tools to Fine-Tune your Committees

1. Do you have a Code of Conduct for the Committee Members? It could be the same one for your

Effective policies for Managing Emergency Situations in a Condo Association

I recently wrote about how important it is to protect the powers of the Condo Board. To ensure you run