Ebooks

8 Collections Mistakes That Could Cost You Big

Issue link: https://hub.associaonline.com/i/1543414

Contents of this Issue

Navigation

Page 3 of 12

4 MISTAKE #2: INCONSISTENT ENFORCEMENT Board members have a fiduciary duty to act in the best interest of the community and avoid biases and personal agendas. If a board member abuses their power and practices favoritism towards one individual or wrongly targets a resident with enforcement, the community can lose credibility and face other risks. Ignoring some delinquencies and not others can disrupt much more than your budget. Embrace fairness and establish a formal policy that explains the process for managing violations. Make sure homeowners are aware of the policy and board members follow it precisely. 2 3 4 5 6 7 8 9 10 11 12

Articles in this issue

Links on this page

view archives of Ebooks - 8 Collections Mistakes That Could Cost You Big