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THE LEGAL TEAM

COMMITTED TO ASSOCIATION LEADERSHIP AND MANAGEMENT

Safe Harbor Recovery Service

In our experience as association attorneys, we have found that Safe Harbor discounts (12 months or 1%) have been frequently misapplied and may be recoverable in some cases. It’s important to know that your association may be entitled to these previously written-off fees, often in substantial amounts.
 
PeytonBolin PL is available to assist in the recovery of these funds.
 

How Does It Work?

  • The association provides PeytonBolin with a list of units, ledgers for those units, and a copy of the payoff or estoppel showing the reduction in amounts owed due to application of Safe Harbor discounts (12 months or 1%) in the last five years.
     
  • We research and review the required documents pertaining to each, and determine which ones may not be entitled to the write-off.
     
  • If we find some candidates for recovery, we will pursue these cases on a contingency basis.  The association will not owe anything unless we recover money.  (Upon recovery, the association will be responsible for costs.)

 

 

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