Condo foreclosure doesn’t eliminate new owners’ obligations to pay past owners’ association fees, IL Supreme Court says
The Illinois Supreme Court has ruled unpaid condominium association assessments are not erased through foreclosure, unless the new owner forks over their first post-purchase assessment payment on time, otherwise they have to pick up the tab. Read the article…….
It took nine months for West Yarmouth condo owner Meredith Keane to receive financial documents she had requested from her
As you may be aware, the first mortgage holder’s lien (mortgage) is superior to that of the Association. Therefore, in
When general contractors, subcontractors, and design professionals face claims or lawsuits arising from original construction or remediation of condominium projects,