Co-ops allow a five-to ten-day grace period for late payments, and legal action can be taken if two months go by without payment, which can take six to eight months before any eviction might occur. (Print: COSTLY, LENGTHY AND HIGHLY CONSEQUENTIAL TO SHAREHOLDERS)
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“Payments” returned 8 articles
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ArticleTopicsColumn TypeIssue
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Co-op Boards Grapple with Missed Payments and Legal Action
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Digital Solutions to Practical Problems
Digital solutions for packages, payments, and repairs.
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Solving the Prepayment Puzzle
A guide to getting the best deal on refinancing your mortgage.
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The Curious Journey of a Bill
Why does one invoice get paid immediately while another is stalled?
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Deadbeats & Devils
Dealing with residents who won’t pay, and a resident who won’t clean.
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Sponsor Down Payments
Are boards responsible for sponsor defects?
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