RealManage Insight

Establishing a Fair Collection Policy for Assessment Fees

Establishing a Fair Collection Policy for Assessment Fees

HOA | Condo Rules & Regulations and Enforcement, HOA | Condo Financial

Assessment fees support services that distinguish association-governed communities from conventional ones. When assessment fees arrive late or remain unpaid, it impacts the ability of a community to pay for crucial services such as HOA management, security, and grounds keeping, to name a few. Consequently, a community should have a late assessment fee collection policy that motivates residents to pay, while making it convenient for them to do so.

By Staff Writer on Apr 9, 2014 5:28:00 PM
   
Establishing a Fair Collection Policy for Assessment Fees

Assessment fees support services that distinguish association-governed communities from conventional ones. When assessment...

By Staff Writer on Apr 9, 2014 5:28:00 PM
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