Despite common areas and amenities being closed due to COVID-19, it’s still necessary for community associations to collect assessments to meet ongoing maintenance requirements and contractual obligations.
Failing to collect assessments may impair an association’s ability to pays its bills and provide essential services, but it’s important for boards to be flexible with homeowners who are facing financial hardship.
Ask and you shall receive. Residents of a Silver Spring, Md., condo are eager to help their neighbors during the COVID-19 outbreak.
Community associations may need to reevaluate which construction projects are necessary to their continued operation and which nonessential construction to put on hold during the COVID-19 outbreak.
Whether you’re delivering meals, collecting donations, grocery shopping for an elderly resident, or calling to check on a quarantined neighbor, every act of kindness helps during these challenging times.
Continuity of operations and residents’ safety has become top of mind for community association leaders as the COVID-19 outbreak begins to impact more and more of the U.S.