Managing HOA Collections in Florida: Best Practices for Success
Quick-Read Summary (TLDR) Effective HOA collections in Florida require well-crafted policies that comply with Chapter 720 of Florida Statutes, establishing clear procedures for handling delinquent accounts including payment schedules, late fees, and consequences of non-payment. Early and consistent communication with homeowners, including courteous reminders and professional documentation, helps prevent collection problems and is essential for…
