Lennox Property Management

Tips For Board Members To Make Everyone Pay Their Share

If you are one of the members in the board of directors of your homeowners association in Lennox, you need to ensure that your neighbors pay their share time to time. This will prevent you from a financial crisis in future as your budget will start falling if the dues are not cleared on time. The following tips can prevent you from this financial crisis:

  • Make sure that you act in harmony of the laws: In few states, there are certain limitations on the members on the board in Lennox. Obtain the local rules copy from an agency and read it thoroughly. While the process of collection, make sure that whatever you do is in accordance with the laws.
  • While collecting the money, be firm: To solve any collection issue as a professional member of board of directors of an HOA is promptness and firmness. There should be implementation of effective policies in terms of collection. It may be harsh for people, but this is the only way to collect the money timely.
  • If required, get the advice of professionals: If you are facing any problem in collecting money, take help from the professionals. If there is any legal issue, seek help from your lawyer. You may be a skilled professional in many things, but at times you need help in the matters of collection.
  • Modify rules when required: There are rules in your HOA which limit you to act right fully because you don’t have the powers. If this is the situation, go through the rules and change them.

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