Collection of Common Charges and Foreclosure

Common charge assessment collection is one of the most important activities that association boards must address on an ongoing basis. Budgets are enacted, expenses are incurred and then common charges must be collected from all unit owners on a regular basis in order for associations to conduct business and provide services to unit owners and residents. We assist associations in the process of collecting past due common charges by establishing collection policies that are effective, fair to unit owners and the association, and in full compliance with the many laws governing collection of common charges. We send out payment demand letters and maintain open lines of communication with unit owners and lenders in an effort to obtain prompt and full payment of all charges due and owing in as efficient of a manner as possible. If discussion and negotiation fails to obtain payment, our experienced collection and foreclosure litigation team stands ready to pursue collections through the foreclosure litigation process.