0
Can a Homeowners association charge interest on delinquent accounts?
Wiki User
∙ 9y ago
Probably, yes. Read your governing documents and your association's Collection Policy Resolution to discover its process for calculating delinquent accounts.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
How do you form Homeowners association?
A local common interest community-savvy attorney can advise you in your particular situation.
How To form a Homeowners Association?
You can consult with a local, common interest community-savvy attorney to learn more about how to accomplish this task.
Ca a Grandfather clause BE used in a homeowners association?
Your answer depends on the proposed insertion of the 'grandfather clause'. Association counsel, or a local, common interest community attorney can answer your question specifically. There is no standard.
What is the highest rate of interest a Homeowners Association can charge for late payments in the State of Florida?
Florida's usury laws cap interest on 'loans' less than US$500,000 at 18%.
How to transfer a Homeowners association condumiun neighborhood under jurisdiction of the city?
A common interest community-savvy attorney can help you address your particular situation. .
Who oversees the homeowners association in Texas?
Individual associations are governed by their governing documents. In Texas, you can review the Property Code -- Chapter 209 -- Texas Constitution and Statues and pay particular attention to the type of association of interest.
Can you help me with Figure Eight Island Homeowners Association Inc?
Probably not. You could consult with a local, common interest community attorney to help you with the issue at hand.
Does filing for bankruptcy re-age delinquent accounts included in?
"Included in" bankruptcy? No. It stops any interest or penalties on unsecured debts. If the bankruptcy fails, the accrued interest or penalties will be added to the account, and the statute of limitations starts ticking from where it was on the date of filing.
Do the bylaw of a Homeowners Association supersede the covenants in Florida?
Most all governing documents can supersede state law in common interest communities, if they are reasonable. Best practices dictate that the association consult with association counsel to determine how applicable and enforceable a specific by-law may be.
Where do you get forms for homeowners association liens on condos?
Filing a lien on an owner's title is a specialized action that is best performed by an attorney schooled in common interest communities. Filing the wrong lien, improperly, will jeopardize the association's standing in the matter.
Can board members of a homeowners association be sued?
Yes. Gather your evidence and present it to a local, common interest community-savvy attorney, who is best equipped to advise you in your particular situation.
If a homeowners association declaration was not recorded when I purchased my home can they enforce restrictions?
Your question belongs in the hands of a local, common interest community attorney, who is best prepared to answer your specific question.
