IL App. Court Holds Post-Foreclosure COA Dues Need Not Be Paid Monthly to Extinguish Pre-Foreclosure COA Lien
Reversing a trial court’s ruling in favor of a condominium association and against a mortgagee, the Appellate Court of Illinois, First District, recently held that the Illinois Condominium Property Act’s (“Condo Act”) provision creating a mechanism to extinguish liens for pre-foreclosure common expense assessments does not create a timing requirement as to when common expense assessments must be paid post-foreclosure to confirm extinguishment of the pre-foreclosure lien. A copy of the opinion in 5510 Sheridan Road Condominium Association v. U.S. Bank is available at: Link to Opinion. Read the article…………..
AB 2561, by Assembly Member Steven Bradford (D-Gardena), ensures that landlords and homeowners associations (HOA) may not unreasonably prohibit a
This bill will amend 38-33.3-106.5 of the Colorado Common Interest Ownership Act to add rain barrels to the list of
The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging the homeowner association and property