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Can an association take action for not paying monthly maintenance in India What does the rule say?
Wiki User
∙ 13y ago
Usually, and this may be true in India, associations collect monthly assessments to pay the bills so that the association can operate the property that all owners own in common. These bills may include master insurance policy premiums, pool and club house maintenance, landscape maintenance, savings for reserves and so forth.
(When owners don't pay, essentially they are asking their neighbors to pay their bills, because the non-payers continue to enjoy these real estate assets.)
Again, usually, you can find the rule in your governing documents, which will be particular to India and especially particular to your association.
Most governing documents will give boards the authority to collect this debt, and in US, may include selling the unit to retire the obligation.
Wiki User
∙ 13y ago
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