Common Collection Terms

** Originally Published on: Sep 15, 2011 **   We have compiled a list of common legal terms to assist managers and board members with understanding the terminology used when discussing the collection of unpaid assessments. Assessment:  The fee an owner is required to pay to the association, typically monthly, quarterly, semi-annually, or annually for suchGo to Resource
Is your association receiving notice whenever a public trustee foreclosure is initiated?  If not, it could be because your association has not updated or recorded a document specifying where notices of foreclosures must be sent. When a public trustee foreclosure is initiated, “interested parties” are notified.  An interested party is “Each person, except the publicGo to Resource
Social Media Auto Publish Powered By : XYZScripts.com