Post-Bankruptcy Condominium and Planned Community Assessments: Are They Discharged?

Condominiums and planned communities in North Carolina are created by recording a Declaration in the county or counties where the condominium or planned community is located. A recorded Declaration imposes certain obligations on the part of owners, typically including the duty to pay dues and assessments (“Assessments”) to a property owners association (“POA”) for the maintenance and upkeep of common areas.   Read the articles………….