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Can a disenfranchised non-profit corp in Texas continue to collect dues from the land owners?
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∙ 16y ago
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What is a nonprofit organizations purpose?
The purpose of a non profit will be different for every non profit.
Can a MN nonprofit Home Owners Association assess fines for late payment of dues?
Yes is the short answer. Read your governing documents -- and in this case, perhaps a Resolution crafted to collect assessments -- to understand both your obligation to pay your assessments and the association's responsibility to add fines when you don't pay on time.
Does homeowners insurance continue after the owners death?
Homeowners insurance will continue after an owners death. The Homeowners insurance policy will typically be paid for by the executor of the estate and become his or her responsibility.
Why do dog owners make dogs fight for money?
so they can collect the money
What is it when ATM owners often collect extra fees or surcharges besides the withdrawal amount?
true
What did the NFL collect for the Houston Texans franchise?
Bob McNair offered the NFL owners $700 million for an expansion franchise. The owners voted unanimously to accept.
What exactly is a nonprofit organization?
A nonprofit organization does not have owners or shareholders so it does not retain profits from one period to the next, other than to smooth out funding for organizational programs. Therefore, all money raised is spent on salaries, the work of the non-profit, and in saving for future programs. Non-profits do not pay dividends.
How do nonprofit agencies receive their funding?
Nonprofit organizations may receive funding from sponsorship, donations, or reimbursement for services. The designation "nonprofit" doesn't mean that the organization doesn't charge for services, but only that any resulting profit (the difference between income and expenses) is used within the agency to further its mission. For instance, both for-profit and non-profit hospitals charge for services, but non-profit hospitals don't distribute profits to owners or shareholders.
How do condo corporations collect money from owners in Calgary Alberta?
Owners are responsible for assessments and owe these debts to the association/ corporation. If unpaid, the association can bill the owner, file a lien against the owner's title or take other collection action. Association counsel is best involved in this action, since an inappropriate or poorly filed lien can be used by the debtor to escape payment. Otherwise, associations cannot 'collect' money' from owners.
How did the plantation owners continue to find workers for their plantations?
They bought slaves. The first slave came in 1619 and by 1860 there were 5 million slaves.
Storm damage to car - can you collect from car and home owners if you have both insurances?
Perhaps if the car and the garage were both damaged, then you would collect from both. Most likely the car insurance covers the car only and the homeowners covers just the dwelling. Check with your insurance agent.
What happen if you stop paying on a time shear Condo?
There is no standard. There are best practices, which may preclude your use if you are not paying, but associations' boards have the responsibility to collect from owners and to monitor use.
