Most boards attempting to collect delinquent common charges face three options: payment plan, sue, or foreclose.
Most boards attempting to collect delinquent common charges face three options: payment plan, sue, or foreclose.
Boards should learn that in this economy, standard common charge recovery efforts will not suffice.
How can a condo collect common charges from defaulting unit-owners without spending a lot of time and money in court?
Can a condo board revoke unit-owners’ access to amenities when they are in arrears on their common charges?
What options does a condo board have for screening the finances of purchasers?
How can a condo board collect unpaid common charges arrears from unit-owners?
For an upscale condo in Greenwich Village, it was a question of unfinished business – construction business.
The lawyer's view: for an upscale condo in Greenwich Village, it was a question of unfinished business – construction business.
Don’t be discouraged with defaults