Appellate Court Rules In Favor Of Association To Recover Unpaid Assessments From Third-Party Purchaser (IL)
To the benefit of Associations who are hit hard by the foreclosure crisis, the First District Appellate Court recently held that third-party purchasers cannot circumvent payment up to six months of the prior owner’s assessments if the lender uses a subsidiary to purchase the property at the foreclosure sale. Read the article…………..
Owners and their mortgage lenders of about 90 units at the downtown Phoenix condominium high-rise formerly known as Summit at
As predicted, the first construction defect bill of the session has been introduced in Colorado and it’s a real whopper!
Most condominium boards and their managers and attorneys act in what they perceive to be the best interests of their