Bankruptcy And Its Effect On Collecting Association Assessments

An Overview These materials concern themselves mainly with the effect of a bankruptcy on a homeowner association’s ability to collect its assessments.  Put another way, the object of these materials is to acquaint association managers and Board Members with the skills that will be necessary to determine whether a delinquent debt will still be collectibleGo to Resource

Fidelity Insurance—The Nitty Gritty

Fidelity insurance protects the association in the event someone associated with the association takes the association’s money and runs.  Typically, fidelity insurance will provide coverage in cases of employee theft, theft of money and securities while on premises or in transit, forgery, fund transfer fraud, computer fraud, money order and counterfeit currency fraud, credit cardGo to Resource

What To Do If Your Association is Sued

First, take a deep breath. Second, remember that associations should seek to avoid disputes and lawsuits wherever possible through effective communications, fair dispute resolution practices, and good governance. But in our litigious American society, it is a fact of life that lawsuits are filed by, and against community associations. When the association is on theGo to Resource

Preserving Evidence – What Does it Mean and How do you do it?

This article summarizes the reasons why community associations need to have systems in place for preserving evidence.  Associations are routinely involved in disputes, claims and litigation, such as accidents, covenant enforcement, construction defects, assessment collections and contract disputes.  Recognizing this reality, associations must have internal systems and controls to preserve information, data and documents whichGo to Resource
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