FHFA Attacks Condominium Limited Priority Lien
The condominium “superlien” is under attack. That doesn’t overstate at all the concerted efforts now under way to revoke a measure that has been working well in many states for more than two decades. Nor does it exaggerate the potential threat to the financial health and viability of condo associations all over the country. Read the article…………..
After a review lasting close to five years, changes to the Building Maintenance and Strata Management Act (BMSMA) — which
Financing condominium development involves a great deal of risk as a result of the nature of a condominium and the
It began with a dispute between a Michigan condominium owner and the homeowners’ association (HOA) over an unpaid assessment. By