answersLogoWhite

0


Best Answer

Best practices -- regardless of the state -- dictate the boards pursue delinquencies with some vigor.

Mortgage lenders and master insurance carriers are leery of supporting associations with delinquency rates above a low number, making property hard to finance and insure.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are Florida Homeowners associations doing about higher than normal delinquency rates on monthly assessment fees?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What has the author William D Clarke written?

William D. Clarke has written: 'The young pathfinder's book of oceans, streams, and glaciers' -- subject(s): Glaciers, Juvenile literature, Ocean, Rivers 'Field data for the Isaacs-Kidd Midwater trawl collections of Scripps Institute of Oceanography' -- subject(s): Isaacs-Kidd Midwater Trawl (Ship), Monsoon Expedition, Trawls and trawling


Can a homeowner association or the other homeowners in a community take a homeowner to civil court for overdue assessment fees in Florida?

Yes, a homeowner association or other homeowners in a community can take a homeowner to civil court for overdue assessment fees in Florida. The homeowner association or other homeowners would need to file a lawsuit against the homeowner, seeking a judgment for the unpaid fees. If successful, the court may order the homeowner to pay the overdue fees, as well as any associated legal costs or penalties.


What Florida homeowners insurance covers felons?

Homeowners Insurance Covers your Property. Not criminal activities


Which states' bar associations have reciprocity with Florida's state bar?

None.


What does fcat stand for?

Florida Comprehensive Assessment Test


What are the answers for dIscovery education assessment predictive assessment?

Depends, what state are you in? What test do you have? I have the Florida test B for Biology.


Are there any private insurance companies still writing homeowners policies in Florida?

Did you ever get an answer?


What companies sell homeowners insurance in FL?

None of the major insurance companies sell homeowners insurance in Florida. The state has made a mess in the insurance market and now the state run company citizens is reaping off homeowners.


How is the economy in Florida?

Florida has a thriving economy with strong sectors in tourism, agriculture and business. However, during the financial crisis of 2008, housing prices in Florida plummeted and many homeowners went into foreclosure.


What does the acronym fcat stand for?

The Florida Comprehensive Assessment Test, or the FCAT, is the standardized test used in the primary and secondary public schools of Florida.


Is it illegal for a homeowners insurance company to drop you?

No, it is not illegal for a homeowners insurance company to drop you. But they have to follow the rules for cancellations and non-renewals for the state they are operating in. For example, in Louisiana, if you have been with your homeowners insurance company for 3 years, they can't drop you. In Florida your homeowners insurance company can drop or cancel you but they must meet the minimum notification timeframes.


Is there deficiency judgment in Florida?

Yes, deficiency judgments are allowed in the state of Florida. When the lawsuit is filed, homeowners have the right to a jury trial to hear the deficiency case. Also, the bank must have in-hand service of the lawsuit paperwork on homeowners in order to include a deficiency judgment action in the original case.