Question

 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?

Answer 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_...

Top Q&A For: What does it mean if a condo association puts a...

Can your condo association put a lien on your condo if you havent been able to pay your maintenance fees?

Short answer: yes. Longer answer: If you are unable to keep up with paying your assessments, it's always a good idea to relay this information to your association management company and work out a ... Read More »
http://wiki.answers.com/Q/Can_your_condo_association_put_a_lien_on_your_condo_if_you_ha...

Can a condo association in Florida lien a condo and sieze the property for late maintenance fees?

You can find the answer you want in your governing documents.Your monthly assessments cover bills the community incurs for community services, such as master insurance policy premiums, landscape se... Read More »
http://wiki.answers.com/Q/Can_a_condo_association_in_Florida_lien_a_condo_and_sieze_the...

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...

Can a condo association place a lien on a property for non-payment of association fees?

Yes. The association can file a lien on your unit's title, which clouds it and which shows up on your credit rating. Read your governing documents to remind yourself of your contract with the asso... Read More »
http://wiki.answers.com/Q/Can_a_condo_association_place_a_lien_on_a_property_for_non-pa...


feedback
loading