CAI "Governance Guidelines
It would be nice if CAI could get more of its attorney members to follow this one:
FORECLOSURE. Initiate lien and foreclosure proceedings
only as a last step in a well-defined debt collection
procedure—and only after other, less-disruptive
measures have failed to resolve a serious
delinquency issue in a specified period of time.
1 comment:
I just had a chance to read therough some of these CAI Governance Guidelines and the assessment guideline seems terribly scary! The board members decide? Most By-Laws, Rules, Regulations, etc., have a PROCEDURE pertaining to how assessments are approved, disapproved and/or levied. Aren't these documents legal and apply to all owners in a community?
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