Courts, States Continue to Wrestle with Homeowners Association Assessment Liens

The circumstances under which a condominium or homeowners association (HOA) lien for unpaid assessments may wipe out a lender’s mortgage lien continues to evolve across the country. As noted in our previous alerts regarding assessment lien priority cases in Nevada and Washington, D.C., the relative priority of these assessment liens, vis-à-vis mortgage liens, continues to have significant impact on lenders, associations, and consumers and potentially impacting the cost and availability of mortgage loans for homes within HOAs.     Read the article………


Related Articles

Maryland General Assembly Fails to Pass Legislation Affecting Resale Disclosure Certificates

A bill that was originally intended to require homeowner associations to provide resale certificates, and to limit fees charged by

NV: Higher dues for homeowners at stake in HOA legislation

Anyone living in a homeowners’ association in Nevada might want to pay attention to the next few weeks at the

A Message from CAI Government & Public Affairs (re: Flood Insurance)

Today, January 8, the U.S. Senate is voting to invoke cloture (a.k.a. bring the debate to an end) on S.