The bar for proving the need for foreclosure is high.
The bar for proving the need for foreclosure is high.
Two routes to consider when chasing down arrears.
Boards have options when it comes to bringing residents back from being in arrears.
Make sure your governing documents provide remedies for nonpayment.
Boards should try to negotiate with commercial tenants before they get to the point of wanting a Yellowstone injunction.
Co-ops and condos have different tools to collect arrears.
Whats can boards do to collect arrears besides going to court?
An overabundance of residents in arrears can have a chilling effect on a building's bottom line.
Sometimes a gentle push gets unit-owners to pay up.
A non-judicial foreclosure sale is a weapon built on a threat.