Colorado Springs Co.
We are the contracted management company for a homeowner's association that includes electricity for the owner's units in with their monthly assessment. So the utilities are in the association name, not the unit owners. What rights if any do we or the Board of the association have to shut off electric due to non payment of that portion of their assessment and what liabilities does that open us up to? The Board is requesting this as a more rigid effort to collect than filing an assessment lien. We (management) want nothing to with it or be indemnified if we execute.
ThanksWhat is the name of your state (only U.S. law)?
We are the contracted management company for a homeowner's association that includes electricity for the owner's units in with their monthly assessment. So the utilities are in the association name, not the unit owners. What rights if any do we or the Board of the association have to shut off electric due to non payment of that portion of their assessment and what liabilities does that open us up to? The Board is requesting this as a more rigid effort to collect than filing an assessment lien. We (management) want nothing to with it or be indemnified if we execute.
ThanksWhat is the name of your state (only U.S. law)?