May 13: Community Association Building Blocks – Collections Session

Nearly all community associations must cope with owners who fail or refuse to pay their periodic assessments, which are commonly referred to as monthly, quarterly, or annual “dues.” Regardless of your Association’s current delinquency rate, delinquencies will increase or decrease depending on your Association’s vigilance in enforcing its right to collect.
In the third session of Ward and Smith’s Community Association Building Blocks series, attorney Thomas C. Wolff provided insight into the various options for Associations to consider, and the common pitfalls to avoid when pursuing delinquent accounts.