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home owners association: New Home Owner's Association Laws - 09/06/07 09:59 PM

This is important information for anyone who owns real estate that is governed by deed restrictions and/or covenants and restrictions. 
As of July 1 2007, during the Legislative Session, amendments were passed that changed the procedures that Home Owner's Associations must follow when collecting delinquent assessments. These changes are to the benefit of the home owners.
The new law states that before a claim of lien can be filed against a parcel owner for unpaid assessments, the real estate owner must be given written notice of the past due assessments, plus, the HOA must give another 45 day notice of it's intention … (2 comments)

 
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Lisa Hill (Daytona Beach Real Estate)

Daytona Beach, FL

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