Rhode Island Supreme Court Rules That Condominium Assessment Liens Could Extinguish First-Priority Mortgages
First mortgage holders in Rhode Island beware: in a 4-1 decision handed down on December 4, 2015, the Rhode Island Supreme Court has ruled that pursuant to the Rhode Island Condominium Act, RIGL § 34-36.1-1.01 et seq., liens for six months of unpaid common fees prior to the foreclosure have super-priority status, and can extinguish first-priority mortgages under certain circumstances. Read the article………….
Bill In Maryland Legislature Would Add Business Negotiations As A Further Basis For A Closed Meeting Of A Condominium’s Board of Directors
House Bill 388, now pending before the General Assembly, would permit a condominium’s board of directors to hold a closed
As the scandal surrounding Rivington House and the city’s alleged mishandling of the property deepens, local politicians on Wednesday introduced
Disaster Planning: New Law (NJ) Mandates Over 55 Communities to Maintain Emergency Building Operations Plans
On January 13, 2014, New Jersey Governor Chris Christie signed into law P.L. 2013, Ch. 186 (A-3625/S-2343), which requires age-restricted