MESSAGE ABOUT CORONAVIRUS  More Link

Dealing with Delinquent Owners Denying Access to Common Areas

 By and large, a board and management company can expect payment from residents  for monthly fees to be received on time and in full. These all-important funds  keep day-to-day operations moving forward without delay. There are situations,  however, that arise which can offset the balance sheet. Circumstances run the  gamut but in the end, monies that can’t be collected end up costing a whole lot more than the losses they represent.  

 The most common excuse given is that the person simply can’t afford to make the payment whether it is true or not. In these cases unit  owners will ask for patience, and offer an excuse as to why they are unable to  pay, which most recently has been the economy.  

 It is true that the economy has played a major role in not only late payments  but the ability for some people to make their payments at all. This is due, in  part, to high jobless rates.  

 Sometimes though it isn't the economy or a medical emergency that spurs a unit  owner into not paying their fees.  

 According to Pamela Jonah, an attorney with Goodman, Shapiro & Lombardi, LLC, based in Dedham, Massachusetts, every so often a unit owner will  withhold the payment of common fee in response to an alleged grievance against  the board.  

Read More...

Related Articles

Q&A: Show Us the Money

Q&A: Show Us the Money

Condominium Owner Evictions

Handling a Tough Legal Situation

What to Do About HOA Finances & Assessments During Coronavirus

How Associations Should Respond

CAI Releases Statement on Foreclosure Moratorium

Calls for 'Flexibility, Understanding, and Business Continuity'

Managing Tough Situations

When Neighbors Are Struggling

Show Me the Money

Collections, Foreclosures, Evictions