California Association of Community Managers

FIN210 Assessment Collections

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Learn about the proactive measures associations should take, the options available to the association once there is a delinquency, and how and when to bring in professional help. You’ll also explore the additional considerations that come into play when a homeowner has declared bankruptcy, as well as how the Civil Code and other laws and regulations influence the association’s efforts to collect.

Learning Outcomes:

  • Understand the community manager’s role in the collection of delinquent assessments

  • Know the legal requirements for an association’s assessment collection practices, including the collection policy and annual notice

  • Understand the first steps for every delinquent account, including the pre-lien demand letter and the recording of a lien

  • Understand requirements for offering and providing alternative dispute resolution to the homeowner

  • Understand the process, advantages and disadvantages for each of the possible collection methods: payment plans, foreclosures, civil suits, and collection agencies

  • Understand how homeowner bankruptcies affect collections

Who Should Take This Course?

  • Community managers who advise their association board on assessment collections

  • Accounting personnel

  • Community managers who want to earn the CAFM certification

Prerequisites:   None

Continuing Education Units (CEUs):   4

Course Length:   4 hours

Course Fee:

Online Offering
Member $169
Non-Member $243




June 12, 2018

July 10, 2018

 10:00 am - 2:00 pm

 10:00 am - 2:00 pm



 Register Now

 Register Now

Don’t see an offering near you? You can join a wait list to bring this course to your area through CACM’s Request a Course program.


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