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NH Supreme Court issues key condo financing ruling

/ Owner - December 23, 2016

In NH Housing Finance Authority v. Pinewood Estates Condominium Association, the question was whether a foreclosing mortgagee could be held liable for the unpaid assessments incurred by a prior delinquent owner. The NHHFA had acquired, in a foreclosure sale, title to a condominium unit with substantial unpaid assessments that had been accrued by the prior owner.   Read the article………..

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