#Accounting management #Payment reminders

Are some of your co-owners bad payers? Don’t panic, here is the procedure to follow :

  • If a co-owner fails to pay their dues, the building manager can start by sending them payment reminders.
  • Are these payment reminders of no avail? The building manager can then send a formal notice to this co-owner.
  • If, in spite of everything, the co-owner is not putting his payments in order, the trustee can take action before the justice of the peace on behalf of the co-oxnership.

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