Condo-HOA Blog - AlexisDucich
Washington Associations: Collections Update
Recently, there have been two major changes in Washington law that impact association collections. On July 13, 2021, the Washington Governor rescinded Proclamation 20-51 effective as of 11:59 p.m. on July 24, 2021. read more
Update: Collections During a Pandemic
Many associations have inquired whether they can take any collections action during this pandemic. Neither Federal or Washington or Oregon State laws, prohibit an association from sending delinquency notice letters, recording liens, or filing lawsuits. read more
Collections During a Pandemic
Many associations have inquired whether there are any restrictions in taking collections action to recover unpaid assessments. Currently, the Cares Act and other federal laws do not prevent associations from proceeding with collections, including initiating a personal obligation or foreclosure lawsuit. Likewise, there is not a Washington or Oregon state law preventing an association from sending delinquency notice letters, recording liens, or filing lawsuits. read more
WSCAI Law Day - Saturday August 8th
WSCAI Law Day is this Saturday August 8, 2020 from 8:30a to 3:00p and will be a virtual event! There will be multiple different classes offered throughout the day on a wide range of topics, including but not limited to, how to protect your association's data from cyber theft, handling water leaks, collecting unpaid assessments, and WUCIOA. read more
Collections Policies
Oregon and Washington state law authorize condominium and homeowners' associations to impose and collect late fees for late payment of assessments. In some cases, the association's declaration may state when an assessment is considered delinquent but often the declaration does not provide the amount of the late fee or how frequently it will be imposed. One way an association may establish the amount of the late fee is for the Board to adopt a collections policy. In addition to stating the amount of the late fee, the collections policy can also provide the interest rate that will be assessed, as well as provide clear, concise procedures for handling delinquent accounts. read more