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Owners are responsible for assessments and owe these debts to the association/ corporation. If unpaid, the association can bill the owner, file a lien against the owner's title or take other collection action. Association counsel is best involved in this action, since an inappropriate or poorly filed lien can be used by the debtor to escape payment.
Otherwise, associations cannot 'collect' money' from owners.
What else can I help you with?
Where is the headquarters of Shaw Mail?
The headquarters of Shaw Communications, owners of Shaw Mail, is in Calgary, Alberta, Canada. The Shaw Communications company also owns several other buildings throughout Canada, but corporate offices are in the Shaw Barlow building in Calgary.
Corporations distribute profits to their owners in the form of?
dividends
What is A business that has the legal rights of a person but is independent of its owners?
close corporations
What was a benefit of being a stockholder in corporations?
stockholders are part-owners of the corporation...
WHY are corporations defined as entities?
because they have legal identity separate from those of their owners.
Why are corporations defined entities?
because they have legal identity separate from those of their owners.
An advantage of a corporation is that?
One of the main advantages of a corporation is that it is separate from its owners. Corporations also have the advantage of being able to exist if one or more owners quit or pass away. Corporations also have limited liability protection.
How do corporations distribute profit to there owners?
The corporations distribute profit according to the share porportions of the partners or as per mutual settlement during inception of business.
Can an employee work for company a and own a company?
Millions of US workers are employees of a company and also owners of sole proprietorships, partnerships or small corporations. Millions of US workers own common stock, making them part owners of US corporations.
Which forms of business ownership attempt to provide dividends to their owners and members?
Corporations.
Where is it legal to own potbellied pigs in Alberta Canada?
In Alberta, Canada, the legality of owning potbellied pigs varies by municipality. Some cities, like Calgary and Edmonton, have specific bylaws that prohibit or regulate the ownership of potbellied pigs as pets. It's essential for potential owners to check local regulations, as rules can differ significantly from one area to another. Always consult your municipality's animal control or bylaw office for the most accurate information.
Why do dog owners make dogs fight for money?
so they can collect the money
