Impact of reverse mortgages on associations is minimal
Q: I serve on the board of my condominium association and one of the issues we have been hearing a lot about recently are “reverse mortgages.” Are there any specific concerns a condominium association should have with owners taking out such mortgages and does the association’s rights regarding unpaid assessments differ when a unit is subject to a reverse mortgage? Read the article…………..
Even in the years before Honey Bee Ridge Estates decided to install a gate at the northern end of Western
Valley attorney Roger Wood said he’s seeing more cases like this since this summer’s storms. “Everybody is going to