Pitfalls of the POA Assessment Collection Process

Assessments form the lifeblood of the POA. It is crucial the POA ensures every homeowner is current in their assessment payments so the POA is able to pay for necessary items such as common area maintenance, insurance and landscaping. When an owner fails to pay their assessment, it is imperative for the POA to pursue collection actions. While the collection process is clear through federal and state laws, it does not come without its pitfalls that can disrupt or prevent the collection of delinquent assessments. Noelle Hicks of RMWBH’s Houston Office details the pitfalls that can arise and steps board members and community managers can take to avoid the pitfalls before they arise.