Associations have the obligation to collect assessments. An association's Board of Directors has a fiduciary duty to the owners within the condominium or community development to collect assessments and properly handle the association's financial affairs. To comply with this mandate, the Board of Directors relies on the timely payment of assessments. If owners fail to pay lawfully imposed assessments as required, the Board must take action to secure payment from these delinquent owners.  A comprehensive collections strategy that incorporates all of the tools in the association's arsenal will efficiently and effectively deal with these issues. Read more...