CAN YOU AVOID ASSOCIATION FEES THROUGH BANKRUPTCY PROTECTION - 12/23/11 08:29 AM
The right of a condominium association or homeowners association or property association to charge and collect maintenance and other assessment fees is pretty typical in all states.  The obligation to pay the assessment is attached to the ownership of a particular parcel of real estate.  Unlike real estate taxes which are ONLY a lien on the real estate, an association assessment can be both a lien on the real estate and a personal obligation of the owner to pay the assessments.
Now taking this to real life - You live in or lived in a home with association expenses you did not pay.  You filed for … (13 comments)

ASSOCIATION ASSESSMENTS AND HOW THEY CAN SURVIVE A FORECLOSURE SALE - 12/14/11 12:05 AM
Buying a mortgage from a lender is becoming more popular.I have had some calls to the office regarding note purchasers having problems with Association's that think they still have a lien on the property after the foreclosure.If you don't buy the mortgage at the right time and using the right method, the Association can be right!
In Florida there are statutes that govern the remaining lien or obligation statutorily available to condominium, homeowner and property owner associations.Associations are statutory provisions to place a lien upon the borrower's property to insure that the association is paid.However, there is also a “safe harbor” … (5 comments)

 
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Richard Zaretsky, Florida Real Estate Attorney

West Palm Beach, FL

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Richard P. Zaretsky P.A. - Board Certified Real Estate Atty

Address: 1655 Palm Beach Lakes Blvd, Suite 900, West Palm Beach, Fl, 33401

Office Phone: (561) 689-6660 x 107

Cell Phone: (561) 329-2279

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Legal true life experiences, general observations and commentaries for Realtors, Lawyers and Mortgage Brokers - also see our Palm Beach County Short Sales group blog.
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