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A 3 Step Process for Collecting Condominium & HOA Assessments in Illinois

/ Owner - January 22, 2025

Assessment payments are the lifeblood for a community association as these payments are generally the sole source of income for most community associations. The income received from assessment payments is used to fund association operations and provide essential services. A community association that fails to collect monthly assessments from its members could find itself in a precarious financial situation which will only lead to further stress on the association and its members.   Read the article…………………………….

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