What is included in condo association assessments?

Answer Your annual budget, which a board member can provide you, lists the line items for bills the association expects to pay during the year with the assessment dollars it collects. Usually the line ite... Read More »

Top Q&A For: What is included in condo association assessments

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 »

How does a MN condo association file a lien to collect unpaid assessments?

Read your governing documents to determine whether or not assessments are automatic liens.Best practices indicate that you need to work with your association's attorney to file the necessary paperw... Read More »

Do condo association assessments maintain a legal lien on an apartment property post a foreclosure auction In Florida?

If your question is: Are assessment dollars used to file a lien on a unit?the answer is 'yes'.If your further question is:Are assessment dollars used to pay for the process of foreclosing on a unit... Read More »

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 »