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Category: Client Alerts

Thu 11 Sep, 2014 # Client Alerts

Restrictive Endorsements

All, we try to share relevant news as much as possible. Last week a case came down which will undoubtedly affect the way you manage your associations. Specifically, payments made with restrictive endorsements, like checks marked “paid in full”, if deposited, may be interpreted as settlement of the debt owed […]

Fri 13 Jun, 2014 # Client Alerts

Our Association is Over Budget. Now What?

Our association is over budget halfway through the year and anticipates running out of money…what can we do? It is not an uncommon situation for there to be variation between an association budget and the actual expenses incurred. At the beginning of each fiscal year, typically via board vote, the […]