Why Condo Associations Are Sweating After A Judge’s Ruling (HI)

It’s probably going to take years to unravel the legal and financial uncertainty now facing condominium associations and law firms that used nonjudicial foreclosures — private sales without supervision by courts — to collect unpaid maintenance fees or other assessments prior to 2012.  That’s the best guess after the recent ruling by a federal judge in Honolulu that condominium associations were not legally eligible to use the streamlined, nonjudicial foreclosure process that allowed properties to be sold at auction with minimal notice to — or procedural protections for — the unit owners.   Read the article…………..


Related Articles

Statute of repose does not bar fraudulent concealment claim

A condo association will be allowed to proceed with a lawsuit against the original developers filed 15 years after completion

Condo lawsuit ruling appealed to Illinois Supreme Court

The plaintiffs in a lawsuit to stop a downtown Clarendon Hills condominium development want to take their case to the

Older high-rise condos, co-ops must vote to opt out or install fire sprinklers (FL)

One major fallout of the quiet session was the lack of any new bill extending the ability of associations to