Money
Collections
Collections is the process of pursuing unpaid assessments—letters, liens, and sometimes legal action through an attorney. Governing documents and state law set what steps are allowed and when. Boards should treat collections as a last resort after clear notices and payment-plan offers.
These definitions are for general education only. They are not legal, financial, or tax advice. HOA rules vary by community and location—confirm details against your governing documents and qualified professionals before you act.
Your community, simplified.
Start managing your HOA on Fourplex — plans from $29/month for small, self-managed communities.
Get started