Collection of Overdue Dues and the FIFO Logic
When an owner has accumulated debt, which month does a payment count toward? This directly affects the late-payment interest and the remaining debt.
From dues tracking to Condominium Law, resident communication to board decisions — practical articles born from real experience.
When an owner has accumulated debt, which month does a payment count toward? This directly affects the late-payment interest and the remaining debt.
When people think of dues, most think of a single item, whereas there are different types. When capital-item and advance dues are confused, disputes arise especially in the tenant-owner relationship.
Dues reflect actual expenses; however, managing expenses wisely keeps the dues under control. In this article, we cover practical ways to keep dues low without compromising quality.
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