Assessments, Special Assessments, and Collections: Legal Limits and Best Practices for HOAs and Condo Boards
In many Florida condo associations, a small percentage of delinquent accounts can strain cash flow enough to trigger higher monthly dues, deferred maintenance, or even a special assessment, especially when insurance and repair costs rise at the same time. Then the pressure starts when owners demand answers, boards demand payment, and collections move quickly. The […]