HOAleader.com - Tip of the Week - May 8, 2009
Published: Fri, 05/08/09
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Protect Your HOA: Take Over for Delinquent Owners
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This week's tip comes from our brand-new special report:
50 HOA Management Tips:
Tips and Best Practices for Homeowners Association Boards
http://www.hoaleader.com/members/271.cfm
Members (and trial members) can download the report for free now.
Not a member yet? Sign up here:
http://www.hoaleader.com/details.cfm
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Protect your condo or homeowners association before owners
become delinquent on assessments. If you allow rentals, require
that owners who rent their property but are delinquent in
association fees or assessments allow the association to step in
and demand that the tenant pay rent directly to the association.
"I got a call from a brand-new association client in which
50 percent of owners weren't paying assessments, and about
48 percent of the units were rented out," explains Donna
DiMaggio Berger, managing partner at Katzman Garfinkel in Ft.
Lauderdale, Fla.
Donna explained, "We can amend the bylaws to require owners to
use the lease form approved by the association and require that
tenants remit rent payments to the association."
Best regards,
Matt Humphrey
President
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Recent articles posted at HOAleader.com:
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Texas to Prohibit HOA Foreclosures?
A proposed constitutional amendment would prohibit Texas
homeowners associations from foreclosing on homeowners for
nonpayment of dues and other fees.
Click here to read full article:
< http://www.hoaleader.com/members/277.cfm >
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Condo Security: Florida City May Force Condo Associations to Hire
Security
Florida cities have the authority to force condo associations and
apartment complexes to hire security guards, according to a
February opinion issued by Florida Attorney General Bill McCollum.
Click here to read full article:
< http://www.hoaleader.com/members/276.cfm >
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Mediation: City Program Will Train Volunteer Mediators To Address
Neighbors' Disputes
A new mediation program in Scottsdale, Ariz., will train
volunteer mediators to help resolve neighbor-to-neighbor disputes.
Click here to read full article:
< http://www.hoaleader.com/members/275.cfm >
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50 HOA Management Tips: Tips and Best Practices for Homeowners
Association Boards
This report compiles advice from our editorial team and from
experts on HOA governance and management from across the country.
You'll find tips about different ways to keep your association
safe from embezzlement and financial malfeasance, tips about
managing the human side of HOA leadership, tips about rule
enforcement, tips on saving your association money, and much more.
Click here to read full article:
< http://www.hoaleader.com/members/271.cfm >
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HOA Governance: Don't Play Favorites
Board members have a fiduciary duty to act in the best interest
of the association, and acting without consulting the rest of
your board may be a violation of that duty.
Click here to read full article:
< http://www.hoaleader.com/public/272.cfm >
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