In a worst-case scenario, if a resident does not “cure” an HOA violation and is absent from any involvement, Tricon Residential will satisfy the violation and the violation fee and cost to cure will be applied to the resident ledger. If that debt is not paid, and the resident only pays their normal rent amount, rent will be short. Late fees may be applied to the delinquent rent, and costs can escalate, resulting in the possibility of eviction. HOA compliance does require cooperation.




