HOA ‘Super-Priority’ Liens Would Hurt Consumers, American Banking Assn Warns
ABA and several other trade groups yesterday released a statement of principles on “super-priority” liens placed by homeowner associations that in some states have been recognized as senior even to claims by first-lien mortgage holders. The principles come in response to cases in states like Nevada, where courts have allowed HOAs to foreclose on homes when HOA dues are in arrears, extinguish the first-lien mortgage, and sell homes for a fraction of their value. Read the article……….
This is an apology to condominium owners who pay for City of Guelph services that the municipality has no ability
Even though you might not believe from reading the various “horror” stories the media love to relate about HOA’s, more
State Rep. Shelli VanDenburgh’s House Bill 1134 would prohibit homeowners associations from barring political candidates who wish to campaign in