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HOA Collections Policy Quick Tips

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10 TIP 5: BE FAIR AND CONSISTENT WITH ENFORCEMENT. Board members have a fiduciary duty to stay objective and act in the best interest of the association. To fulfill this duty, board members should enforce collections processes fairly and consistently. When board members extend favors or ignore infractions, it often breaks the trust residents should have in the board. This can often lead to conflict between homeowners and boards, disrupting neighborhood harmony. C 3 4 5 6 7 8 9 10 11 12 13 14 15

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