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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Eads, Murray & Pugh Joining Forces With Kaman & Cusimano

Expanding Excellence in Indiana Community Association Law Eads, Murray & Pugh and Kaman & Cusimano ...
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Can Community Associations hold a 50/50 raffle or bingo night to make money for the Association?

Community associations often look for creative ways to fund social events, amenities, or community improvements. ...
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Volunteers Deserve Protection Too – What Steps should the Association Take to Protect Board Members?

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Experience Committees Create Joy and Functionality – Does Your Association Have One?

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