Foreclosure is generally a last resort to collect delinquent balances, and boards understandably have many questions about the process. The purpose of this article is to explain and answer questions about why foreclosures take a long time to complete. To understand why foreclosures take so long to complete, you first need to know the basicGo to Resource
Newsletter
With the holidays quickly approaching, it’s time for pumpkins, reindeer, snowmen, and other types of holiday décor to be displayed in communities! But is your community ready for all the décor and are your rules adequate to control it? Below are some do’s and don’ts when it comes to rules addressing holiday décor: Do’s: DoGo to Resource
It’s so easy to update the registered agent with the Secretary of State, and many associations do it on a dime. But are you aware of what the registered agent does? The registered agent is the individual or business responsible for accepting service of process for an entity, which means it accepts service of aGo to Resource
One of the most common situations occurring after a collection account has been turned over to the attorney’s office is the pertinent owner contacting the management company or a board member immediately after receiving the initial demand letter from the attorney. Of course, the association does not want to turn the owner away, but theGo to Resource
Sometimes we get so used to doing things the way we’ve always done them; we don’t notice (or know to notice) that something is off. In an HOA context, red flags are often missed because they are legal in nature and hidden in the course of ordinary business. Below are a few random red flagsGo to Resource