Having difficulty staving off the rising tide of delinquencies? And are the circumstances that have put your association in this position outside of your control? You can’t control the economy or extinguish the existence of foreclosures and bankruptcies in your community, but you can control how you respond to these and other scenarios that tendGo to Resource
Litigation Resources
Question: What can we do with bank owned properties? Answer: Bank owned properties are becoming more and more common in community associations because the rate of foreclosures is not declining and the real estate market is not moving homes quickly. Unfortunately, many of these homes are often vacant for long periods, may have yards fullGo to Resource
The ability to collect assessments is crucial to an association – just like a body’s ability to consume food. For the same reasons that a body cannot function without food, an association cannot function without assessments. Therefore, more and more associations are turning to judicial foreclosure as a method of collecting assessments. However, important issuesGo to Resource
Whether you are a board member or an employee of a management company, you may be called to testify in court in response to a subpoena for records or as a witness to events. Here are some practical hints and suggestions on what to do and how to do it well when you are askedGo to Resource
Collecting assessments from delinquent owners is a little bit like mining for gold. First you have to find the gold. With delinquent owners getting a judgment is usually the easy part. Next comes the hard part, finding the gold. We have to locate attachable assets to satisfy the judgment. Generally attachable assets come in theGo to Resource