Tennessee Amends Condominium Lien Law to Clarify Lack of Superpriority Right
On April 19, 2016, Tennessee Governor Bill Haslam signed HB 2401, amending Tennessee’s condominium statue to make it clear that condominium associations cannot acquire a “superpriority” lien that trumps a first security interest on the same property. As a result of the amendment, it is now clear that under Tennessee law a condominium only has a “payment priority” interest – that is, the right to receive six months’ worth of delinquent common expense assessments owed by a unit’s owner when the mortgagee forecloses on the property. Read the article…….
A bill that aims to eliminate cumbersome government regulation of condominium sales by clarifying the proper application of a 1968
Two developers and a lawyer involved with the 68-unit Mirada condominiums in Harlem have been temporarily banned from developing apartments
Court rebukes delinquent landlord who attempts to evict tenants paying rent to condominium association (FL)
An Orlando case which was heard on July 24, 2013, will hopefully send a strong message to delinquent landlords in