Question

 We own a condo for 17 years the corporation has placed a lien which include 2 months fees high legal fees for payments they said they didnt receive I promptly offer replacementthey won't take it?

Answer You can start unraveling this situation by reading your governing documents. The lien may be an automatic lien against your title, which the association chose to file with the court.If your governi... Read More »
http://wiki.answers.com/Q/We_own_a_condo_for_17_years_the_corporation_has_placed_a_lien...

Top Q&A For: We own a condo for 17 years the corporation has...

I received a foreclosure notice for back condo fees Is there anything you can do to slow this procdure if i wont have the for a couple months?

It sounds like you are working with the association's board.It is possible that you can negotiate with the board regarding the unpaid assessments, and sign a promissory note or other legal agreemen... Read More »
http://wiki.answers.com/Q/I_received_a_foreclosure_notice_for_back_condo_fees_Is_there_...

If you own your home outright and the condo association has placed a lien on it for unpaid condo association fees can they take your home if the fees are not paid?

Yes.Read your governing documents to verify that your monthly assessments represent an automatic lien on your title.When your board decides to file a formal lien, they are taking one of several ste... Read More »
http://wiki.answers.com/Q/If_you_own_your_home_outright_and_the_condo_association_has_p...

What does it mean if a condo association puts a lien on your condo if you haven't been able to pay your asessment fees?

As an owner, it means that your title to your unit is 'clouded' -- your title is encumbered/ not clear -- by the amount of your assessments past due and accumulating, that remain unpaid. A lien may... Read More »
http://wiki.answers.com/Q/What_does_it_mean_if_a_condo_association_puts_a_lien_on_your_...

Is there a law regarding condo fees I live in a four-unit condo One of the members has not paid his condo fee for 7 months?

Yes, and the law is a local state law, plus the governing documents under which the association operates the property. Read your governing documents and follow the guidelines there to collect the p... Read More »
http://wiki.answers.com/Q/Is_there_a_law_regarding_condo_fees_I_live_in_a_four-unit_con...


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