Mortgage Foreclosure (FL)

As you may be aware, the first mortgage holder’s lien (mortgage) is superior to that of the Association. Therefore, in the event that a bank files for mortgage foreclosure, even if the Association had a lien in place, if a certificate of title is issued, the Association lien will be wiped out. Here are some questions that we recommend that the Association consider before making the decision on how to proceed if a property is in mortgage foreclosure.    Read the article…………..


Related Articles

Fed court in FDCPA and (NC)DCA case may disregard findings of fact made by state foreclosure court

Attorneys representing a homeowners’ association in foreclosure proceedings filed as a result of the homeowner’s failure to pay monthly assessments

Intervention by Individual Homeowners Deemed Timely

The Court of Appeal considered the issue of timeliness of a motion to intervene by individual homeowners in a suit filed by the Homeowners Association (“HOA”) to recover damages for construction defects