Condominium Collections: Why Foreclosure is the Best Option

The Board of Directors of a condominium association has a fiduciary duty to make sure that all owners pay their dues and assessments. It is important that associations develop a collection policy and follow it consistently, as a collection policy of doing nothing could be a breach of a board’s fiduciary duty. Having knowledgeable and experienced legal counsel is an integral part of any condominium association collection policy – it makes a difference.

 

 

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Kaman & Cusimano Partners Nick Meinert, Scott Weiss and Dan Miske attend CAI’s 2025 Congressional Advocacy Summit

Kaman & Cusimano Partners Nick Meinert, Scott Weiss and Dan Miske attended CAI’s 2025 Congressional ...
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Kate Bushey was elected to a second term of the CAI 2026 Business Partners Council

Kate Bushey was elected to a second term of the CAI 2026 Business Partners Council. ...
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Do You Know Your Condominium’s Property Insurance Requirements?

One of the most confusing topics for condominium owners and board members is the issue ...
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Community Associations Not Required to Comply with CTA in 2025

As Kaman & Cusimano clients are likely already aware, earlier this year, the US Treasury Department ...
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