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

Polo Golf and Country Club Homeowners Association, Inc v. Rhymer et al (and Forsyth County, et al)

POLO GOLF AND COUNTRY CLUB HOMEOWNERS ASSOCIATION, INC. V. RHYMER ET AL. (S13A1635) POLO GOLF AND COUNTRY CLUB HOMEOWNERS ASSOCIATION, INC.

State HOA Foreclosure Laws

Is your homeowner’s association (HOA) or condominium association (COA) foreclosing on your home? Or are you struggling to make HOA

Utah: Last Week of Legislative Session: What’s in Store?

It’s the last week of the Utah 2013 general legislative session, which is set to end Thursday, March 14, at