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South Florida HOAs and condo associations prepare for a drop in collections

/ Owner - May 5, 2020

With the first days of May ticking by, homeowners and condo associations are keeping a close eye on monthly collections. They’re preparing for nonpayment, as owners and renters struggle to pay their bills.  More than 1 million people in Florida have filed for unemployment, according to figures released by the state. The tourism, hospitality and retail sectors have been devastated. And for those newly unemployed, monthly or quarterly condo or homeowners maintenance fees may not make it to the top of their list of priorities.   Read the article……………………………

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