Whose Lien Has Priority — The Secured Lender (Mortgagee) or Homeowner Association? The Answer Is “It Depends”
Every state has a law regarding recording of liens, and recording statutes typically fall within one of three categories: (i) a race statute (e.g., the first to record the lien has priority); (ii) notice (e.g., these statutes typically protect a subsequent lienholder provided such lienholder does not have notice of the prior lien, whether through actual notice, by means of the public records, or otherwise); Read the article………..
Bankruptcy matters can be treacherous waters for Condominium Association Boards to navigate. Such issues should, in most cases, be referred
This is a construction defect action by plaintiff Spyglass Hill Owners Association (“Plaintiff”) in connection with the Spyglass Hill Condominiums
Texas Supreme Court Holds Contractual Liability Exclusion of CGL Policy Not Triggered in Construction Defects Suit
In the recent opinion of Ewing Construction Company, Inc. v. Amerisure Insurance Co., the Texas Supreme Court construed a commercial