Question

 How does our condo association foreclose and collect the amount they are owed?

Answer Read the governing documents; look in the index under Assessments. Then read about the process for notifying the owner of a delinquency, the owner's right of appeal or petition, and other steps tha... Read More »
http://wiki.answers.com/Q/How_does_our_condo_association_foreclose_and_collect_the_amou...

Top Q&A For: How does our condo association foreclose and co...

A lien for unpaid assessments has been placed on your unit by the condo association - can they foreclose on your condo owned outright?

You can find the answer you want in your governing documents.Usually, regardless of the ownership status -- outright ownership or mortgaged -- unpaid condominium assessments represent an automatic ... Read More »
http://wiki.answers.com/Q/A_lien_for_unpaid_assessments_has_been_placed_on_your_unit_by...

What is the maximum amount that a condo association or homeowner's association can recover via Florida's super lien statute and does it vary between HOAs and condo associations?

You have asked a complex and interesting question. It is difficult to find much information on "Super Liens" in Florida. The following is general information only and should not be construed as leg... Read More »
http://wiki.answers.com/Q/What_is_the_maximum_amount_that_a_condo_association_or_homeow...

How does a condo association foreclose on a unit?

By filing liens against the owner(s) of the unit. If the liens go unpaid, the association can foreclose on the unit and sell it in order to satisfy the liens.More DetailForeclosing a unit to pay an... Read More »
http://wiki.answers.com/Q/How_does_a_condo_association_foreclose_on_a_unit

Can a condo association foreclose on an homestead property?

Your state law regarding homestead property ownership and those rights, obligations, responsibilities and how they relate to ownership within an association are both involved in the answer to this ... Read More »
http://wiki.answers.com/Q/Can_a_condo_association_foreclose_on_an_homestead_property


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