Often, boards have difficulty determining where to begin when adopting new rules and regulations. This article is intended to assist your board when considering the scope of the rules to be adopted.
A delinquent unit owner is an unfortunate reality nearly all common interest communities must deal with at one point or another. A person misses one payment, the homeowners association (HOA) gives them a notice, but things snowball. Suddenly, that unit owner is in a deep financial hole, and the HOA has to turn to more drastic solutions.