The laws governing collections by Associations will become more complicated and labor intensive on and after October 1, 2009. Associations will be required to take additional steps before and during the collection process in order to file claims of lien properly and to collect on them through the foreclosure process. As a result, Associations should review and update their collection policies and procedures, including routine updating of owner information, to ensure that they can navigate effectively through the new statutory framework.
Faison Kuester learned in the 1980s that it’s tough to run a business in multiple cities without having employees at each location. So when his Kuester Real Estate Services received requests to serve clients in two more markets, he decided to open an office in each.