Don’t leave HOAs on the hook after foreclosures (NV)
Things are tense in Carson City as well-funded banker and realtor groups lobby lawmakers to eliminate the super priority lien statute which is critical for homeowners and the local housing market. Since 1992, the super priority lien statute has allowed HOAs to collect originally six, and now nine, months of unpaid assessments when the bank forecloses its lien on a delinquent owner. Read the article………..
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