Once an association obtains a judgment against a delinquent owner, a myriad of options become available to collect on that judgment. We’ll spend some time discussing many of these options in the coming weeks. Today, let’s talk about judgment liens. First, what is a judgment and what is a lien? A judgment is a court…
Category Archives: Collections
Condominium Law Group Gets a Little Press!
We wanted to share some news with you, especially since it’s been a while since we posted. Condominium Law Group’s own Valerie Farris Oman was quoted several times in a recent article in Seattle Metropolitan Magazine! Here’s a link to the article, titled Dues and Don’ts: Condo owners who get behind on homeowner dues could…
3 Collection Tips & Tricks
Happy New Year! We’re starting off the new year with a bang here at Condominium Law Group, where our collections practice has tripled in the last two years. Increased volume has meant more opportunities to learn strategies for collecting unpaid assessments and, even more importantly, preventing delinquencies before they begin. Today, I want to give…
Rent Interception
Can condo associations intercept rent from a tenant living in an owner’s unit? This week we assisted a tenant living in a unit that is going through a bank foreclosure. The condo association has demanded that the rent be paid to the association, not the landlord. The association is threatening to sue if they don’t…
Super Priority Lien Basics
A lien is a document that records a debt, using a condo unit as collateral for the debt. Ordinarily, a lien against real estate has “priority” based on the date the lien is recorded. Once a lien is recorded, it becomes next in line to any liens previously recorded – first come, first served. This…
The Carrot Approach to Collecting Assessments
Association attorneys can talk all day long about the “stick” approach to collecting delinquent assessments, because that’s what we do – we get involved after a delinquency already exists. However, the “carrot” approach to collecting assessments – essentially preventing or at least reducing delinquencies – is equally important and can save associations a lot of…
Good Policies Mean Good Collections: Making the Most of Delinquent Assessments
We recently had an article published in the May/June 2010 editions of the Community Associations Journal, published by the Washington State Community Associations Institute. The article discussed our belief that adopting, understanding, and consistently enforcing a clear collections policy can mean the difference between successfully collecting money owed to your association, or not. Please follow…
Introduction to Community Association Collections
In this introduction to community association collections, we will cover the basics of why and how associations collect assessments (also known as “dues”) from homeowners. Authority to Collect Dues Associations get their authority to charge and collect dues from state law as well as from the governing documents for the association. Associations are responsible for…
Category Archives: Collections
Judgment Liens
Once an association obtains a judgment against a delinquent owner, a myriad of options become available to collect on that judgment. We’ll spend some time discussing many of these options in the coming weeks. Today, let’s talk about judgment liens. First, what is a judgment and what is a lien? A judgment is a court…
Condominium Law Group Gets a Little Press!
We wanted to share some news with you, especially since it’s been a while since we posted. Condominium Law Group’s own Valerie Farris Oman was quoted several times in a recent article in Seattle Metropolitan Magazine! Here’s a link to the article, titled Dues and Don’ts: Condo owners who get behind on homeowner dues could…
3 Collection Tips & Tricks
Happy New Year! We’re starting off the new year with a bang here at Condominium Law Group, where our collections practice has tripled in the last two years. Increased volume has meant more opportunities to learn strategies for collecting unpaid assessments and, even more importantly, preventing delinquencies before they begin. Today, I want to give…
Rent Interception
Can condo associations intercept rent from a tenant living in an owner’s unit? This week we assisted a tenant living in a unit that is going through a bank foreclosure. The condo association has demanded that the rent be paid to the association, not the landlord. The association is threatening to sue if they don’t…
Super Priority Lien Basics
A lien is a document that records a debt, using a condo unit as collateral for the debt. Ordinarily, a lien against real estate has “priority” based on the date the lien is recorded. Once a lien is recorded, it becomes next in line to any liens previously recorded – first come, first served. This…
The Carrot Approach to Collecting Assessments
Association attorneys can talk all day long about the “stick” approach to collecting delinquent assessments, because that’s what we do – we get involved after a delinquency already exists. However, the “carrot” approach to collecting assessments – essentially preventing or at least reducing delinquencies – is equally important and can save associations a lot of…
Good Policies Mean Good Collections: Making the Most of Delinquent Assessments
We recently had an article published in the May/June 2010 editions of the Community Associations Journal, published by the Washington State Community Associations Institute. The article discussed our belief that adopting, understanding, and consistently enforcing a clear collections policy can mean the difference between successfully collecting money owed to your association, or not. Please follow…
Introduction to Community Association Collections
In this introduction to community association collections, we will cover the basics of why and how associations collect assessments (also known as “dues”) from homeowners. Authority to Collect Dues Associations get their authority to charge and collect dues from state law as well as from the governing documents for the association. Associations are responsible for…
