Association Dues
The following procedures apply when association dues are late
A friendly reminder letter is issued on the 15th day after the assessment is due. This letter gives the homeowner 10 days to pay. A grace period till the end of the month is usually given.
A certified 45-day demand letter is sent by the management company. During this period, the homeowner can call the management company and request a payment plan which will be passed to the board for approval.
If the homeowner does not respond within the 45 days. A copy of the demand letter is sent to the attorney with the request to place a lien on the property.
Once the attorney places a lien on the property, the homeowner can no longer speak with the manager or board members. They must address all inquiries to the attorney and payments must be made to the attorney only. If a payment is received by the management company, they will call the attorney to see if the check is deposited or forwarded to them. The attorney will usually request that checks be sent to their office. The homeowner may make payment arrangements through the attorney. Any payment arrangement the attorney negotiates must be approved by the board.
If the above fails, the attorney sends the association a letter requesting foreclosure against the homeowner. Once the letter is signed by the board, the attorney will proceed to foreclose against the homeowner. Here again, all communication must be through the attorney and management does not get involved with the individual. The attorney will consult with the manager and the manager with the board if an arrangement is requested. The homeowner is responsible for all attorney fees.
Kirsten can be reached at 954-839-2681 Hours: 9am - 5pm
