Subscribe to Blog

Your email:

Follow Us

Looking for answers?

condo association blogCan't find the answer you're looking for?  Ask your question here and we'll post it in our blog.

Browse by Topic

Condo Association Management Blog

Current Articles | RSS Feed RSS Feed

Property manager keeps over-charging condo owner monthly dues

  
  
  
  
  

My problem is my monthly HOA dues paid to the new Property Management Company are not being accurately and consistently credited to my account(even though my checks are clearly & very timely always labeled with my: Full Name, Account #, Unit #, name of the Condo Association, and Check Payment Date.  I've been a condo owner for 11 years in this 200 unit community and always have had my monthly HOA Dues paid directly by my bank automatically at the beginning of each month so that even if I was ill or hospitalized, or traveling, my HOA dues would be paid on time. I never had a problem with past condo management companies. When I call or e-mail the management company accounting department and assigned contacts they keep asking for repeated copies of the HOA check even though They HAVE ALREADY CASHED the well identified check WITHOUT Crediting to MY ACCOUNT!! Even after my bank (Large, National Bank) went through all the trouble of faxing the management company a check copy (Front and Back) they have still Have NOT credited my payments to my account, so their management computer cumulative records still show me owing HOA Arrear Dues. What are the fiduciary obligations of the mgt co that collect the HOA checks to credit them correctly to the person making the payment? Can they just continue to not credit or mis-credit the HOA money they collect? They are collecting over $900,000 a year in HOA dues so this is no minor responsibility. What recourse do I have? Do I have to go through expensive, timely legal litigation. Don't any California government agencies have jurisdiction of correct assignment/crediting of HOA DUES COLLECTED by the outside management firm in the name of the Condo Owner paying their individual dues? Could the Better Business Bureau or any such citizen customer rights organizations be of help. Would any organization protecting senior citizen rights be of any help? Any information and help you can bring my way will be much appreciated. Thank You for giving my problem your attention. -Seth O.

Comments

Wouldn't writing to the Board and copying the management company be a good first step? Copy the treasurer, the president directly. Be sure that they get copies.
Posted @ Friday, April 29, 2011 8:31 AM by peter spencer
Your property management company is pretty sloppy on accounting but may do a great job elsewhere. It can be frustrating to have to prove you did the right thing over and over. I would raise the issue at HOA Board Meetings. Does your bank charge you a fee to produce check copies? If you are not being fined, liened,or having your credit rating trashed or otherwise damaged, I am not sure you can do much, but sloppy accounting is likely just a indicator of sloppy business practices elsewhere. The property management company has certain responsibilities and likely has a contract that spells them out. Put some pressure on them thru the HOA board. Maybe you just need a new management company.  
 
 
 
Posted @ Friday, April 29, 2011 8:32 AM by John D.
Before or After writing a detailed complaint letter to the Board of Directors and Management company, you should also contact the Ombudsman's office and find out how they can help.
Posted @ Friday, April 29, 2011 9:10 AM by KELLI2L
I've contacted the Ombudsman office for the state of SC and was told they could not help with any issure of HOA'S. I contacted that office after reading that other people have gotten help by calling their states ombudsman. So whats the secret to getting any outside agencies to help? I am paying $1,250.00 more a year in regime fees and I cannot get anywhere with this
Posted @ Friday, April 29, 2011 12:04 PM by marilyn
As a representative of the Condominium Trustees, the management company is failing to meet the duties of theTrustees. If the HOA won't help you, what about taking them to Small Claims Court. If you live in a state that makes foreclosure automatic when dues are unpaid, you might want to take the first step. You could find your self in a mess. How awful.
Posted @ Friday, April 29, 2011 7:10 PM by Elinor Stone
John D's response is bang-on. The issue is simply that your management company sucks. If they can't even get that right, they are screwing up elsewhere too, and probably in ways that are far more serious too, like record keeping, budgeting and maintenance planning.  
 
I pretty much guess exactly what is happening within the management office. I've seen it all, and trust me, its amazing how willing HOA's are to allow incompetent people to manage their property, especially considering what's at stake.  
 
Get a new management company as soon as possible. God only knows what else is being screwed up right now. DO NOT GO with companies with low per-door management rates- they will cost you so much more in the long run. 
 
Posted @ Thursday, May 05, 2011 10:06 PM by Former Manager
Post Comment
Name
 *
Email
 *
Website (optional)
Comment
 *

Allowed tags: <a> link, <b> bold, <i> italics