• Unpaid HOA Assessments

    HOA Law - Collecting AssessmentsQuestion: I’m a board member for my HOA. Several property owners in the community haven’t paid their HOA assessments this year. What can the board do?
     

    Answer: 

    Serving as a board member for a homeowners or property owners association can be a very rewarding and very stressful assignment at the same time. Incentives to serve on the board, like the ability to make improvements to your community and ensure that your property’s value remains high, can often give way to worries regarding budgets and stubborn property owners who are unwilling to pay their annual assessments. Many HOA documents, such as the association’s covenants, by-laws, and amendments, and state statutes can help provide direction on a general course of action when property owners fail to pay their assessments, but most these documents do not provide a clear course of action when homeowners become uncooperative and litigation may be necessary.

    If you need help understanding when and how you should take action against property owners that are acting in violation of association covenants or have not paid their assessments, then it may be beneficial for you to contact an attorney that is knowledgeable about homeowners and property owners association law. The attorneys at The Law Offices of Mark Weinstein have worked with HOAs and POAs throughout the Atlanta Metro Area to help them oversee their associations and take action to enforce association covenants and to collect past due assessments. Our experienced real estate attorneys can help you in understanding:

     

    • the various documents that give an HOA/POA power to act;
    • the best methods to use to obtain payment of HOA assessments;
    • which courts to use to obtain judgments and/or foreclose on a property;
    • any other questions you may have regarding HOA management and collections of unpaid assessments.

     

    If you are a member of an HOA or POA board and you would like to know the best methods for overseeing your association and ensuring its continued success, then call The Law Offices of Mark Weinstein. We have been representing clients in real estate matters since 2001. We are committed preserving our clients’ rights and protecting their investments. Contact our office at 770-888-7707 for a free consultation. Our experience is YOUR advantage.

    Author: Brent Bartlett, Esq.

    Post Tagged with ,
Comments are closed.