Resources

“Stip” is common slang for “Stipulation.”  A “Stipulation” is a legal term that generally identifies a written document that sets forth the agreed upon terms and conditions of a settlement between two parties to a lawsuit.  In the realm of community association collection actions, that generally means a settlement between the delinquent owner and theGo to Resource

Generally, usury laws should not apply to homeowners association late fees.  However, some courts have not agreed.  Usury laws apply only to loans and homeowners association assessments are not considered loans.  However, homeowners and/or their attorneys occasionally attempt to argue that an association’s interest and late fees are usurious.  In order to fully protect anGo to Resource

Understanding what is happening with your association’s delinquent accounts at Altitude Community Law is probably one of your board’s top priorities in these tough economic times. One tool for you to use in fulfilling your fiduciary duty with respect to managing the financial assets of your association is our status report. We produce a statusGo to Resource