BENEFITS FOR COA/HOA

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No-Cost Program.

Florida Property Receiver Force assumes all costs for the preparation and filing of the petition to gain appointment as Receiver. Additionally, Florida Property Receiver Force assumes all future costs of the Receivership. Our specialized Receivership program is FREE to the COA/HOA.

Recover Delinquent Balances Owed.

Prior to removing the property from Receivership, Florida Property Receiver Force recovers for the COA/HOA the statutory “Safe Harbor” where applicable or the entire delinquent balance.

100% of what is collected for the COA/HOA is paid to the COA/HOA.

Increase Cash Flow and Reduce Debt.

Florida Property Receiver Force pays the COA/HOA 30% of the rent or their monthly assessment, whichever is greater.

Clean up and Rehab COA/HOA Properties.

Florida Property Receiver Force pays for the initial clean up and improvements for each vacant property.

Maintain, Manage and Secure COA/HOA Properties.

Florida Property Receiver Force assumes responsibility for the maintenance and operating

expenses of the properties, including all appliances, HVAC, plumbing and electric. Florida Property Receiver Force pays for repairs, lawn, pool, pest control, electric, water, and sewer.

Bonded, Licensed and Insured.

Florida Property Receiver Force is bonded, licensed and insured. Additionally, all occupants carry Personal Property and Liability Insurance. Florida Property Receiver Force indemnifies and holds the COA/HOA harmless and assumes all liability during the term of the Receivership.

Experience and Expertise.

Florida Property Receiver Force has a team with over 39 years of Legal, Property Management and General Contracting experience. All vendors are vetted, licensed and insured.

Vetted Occupants.

Florida Property Receiver Force places vetted and Association approved individuals into the properties. These individuals are issued an occupancy license, in lieu of a lease, to ensure they comply with all COA/HOA rules and regulations.

Reduce Legal Expenses.

Florida Property Receiver Force offers an efficient and cost-effective alternative to foreclosure and lien. Florida Property Receiver Force avoids these legal costs and begins to generate income in as little as six weeks. The COA/HOA still preserves the right to lien and foreclose on the property.

Reduce COA/HOA Liability.

Florida Property Receiver Force reduces the COA/HOA’s liability associated with foreclosure. Florida Property Receiver Force assumes all liability and indemnifies and holds the COA/HOA harmless.

Reduce Insurance Costs.

Florida Property Receiver Force reduces the COA/HOA’s vacant property and liability insurance costs associated with foreclosure.

Eliminate Vacant Property Issues.

Florida Property Receiver Force eliminates code violations, reduces home deterioration and ensures the safety of residents, communities, and properties by reducing neighborhood crime.

Eliminate Landlord/Tenant Issues.

Florida Property Receiver Force eliminates late payments, lease violations, and evictions. All occupants strictly adhere to the procedures and policies of Florida Property Receiver Force and

the COA/HOA.

Increase Property Value and Marketability.

Florida Property Receiver Force beautifies the community by eliminating code violations and maintaining and preserving the homes, and increasing property and adjacent property values.

Property by Property Accounting.

Florida Property Receiver Force performs property-specific accounting; each property is responsible for its own delinquencies.

Court Supervision.

Florida Property Receiver Force submits quarterly reports to the Court and COA/HOA.