Nevada – High court upholds delinquent homeowners’ fees decision

High court upholds delinquent homeowners' fees decisionCARSON CITY – The state Financial Institutions Division lacks the legal authority to restrict the amount of unpaid assessments that collection agencies hired by homeowners associations can collect from delinquent homeowners. The state agency had issued an order in November 2010 that prevented the Nevada Association Services and other collection agencies from collecting more than nine months of overdue assessments or other fees.

via Lvrj

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