Although the concept of fiduciary duty is mentioned frequently (often incorrectly) as applying to the duties of community association board of directors in general, one area in which it does certainly apply is relative to collection of Association assessments. Because Associations operate on a zero based budget, which means that every dollar of assessments is…
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Archives for February 2010
The Collection End Game: How To Maximize Recovery, Minimize Costs and Generate Cash Flow
February 8, 2010 by