Appellate Ruling Creates New Wrinkle Over Acceptance of Partial Payments That Are Endorsed as Full Payments

As if collections of delinquent accounts were not already difficult enough for condominium associations and HOAs in Florida as the state recovers from the foreclosure crisis, a recent ruling by the Second District Court of Appeal has unfortunately created a new wrinkle that will require community association managers, directors and their legal counsel to pay close attention when accepting partial payment of assessments from owners    Read more………

Editor

Recent Posts

Effective Committees – Maximizing Use of Community Volunteers

In a typical co-op, condo, or homeowners association, residents have a lot to say about…

6 hours ago

You Have Been Assessing Me Too Much! Square Footage Allocation Discrepancies (CO)

For homeowners’ associations whose assessment allocations are based on square footage of units, problems may…

6 hours ago

Collecting When the Homeowner is Deceased (CO)

Unfortunately, sometimes homeowners pass away. When that happens and the homeowner owes a balance to…

6 hours ago

The Headless HOA (or Co-op or Condo) Can a Common-Interest Community Exist without a Board? (NY)

CooperatorNews recently received a question from a reader along these lines. The individual is the…

6 hours ago

Condo Smarts: Strata fees apply even when owners vacate for building repairs (BC)

Dear Tony:  Our building experienced a major flood during the cold snap in January. Everyone…

6 hours ago

Q&A: Signs, Signs, Everywhere a Sign (MA)

Q. As election season approaches, I am anticipating—in light of the current divisive nature of…

6 hours ago