Condo foreclosure doesn’t eliminate new owners’ obligations to pay past owners’ association fees, IL Supreme Court says

The Illinois Supreme Court has ruled unpaid condominium association assessments are not erased through foreclosure, unless the new owner forks over their first post-purchase assessment payment on time, otherwise they have to pick up the tab.   Read the article…….

Editor

Recent Posts

Essential Guide to Understanding Your HOA Board of Directors

HOAs play a crucial role in maintaining residential communities, ensuring they operate smoothly and preserve…

1 hour ago

Californians are Protecting Themselves from Wildfire. Why is there still an Insurance Crisis?

Fire officials, lawmakers, insurance agents and others are asking homeowners to help lower the risk…

1 hour ago

No peace symbol! Eagle Crest HOA cracks down on unauthorized flags (OR)

No peace symbols. That’s the message one man in Eagle Crest got from his homeowner’s…

10 hours ago

Delray Beach HOA Goes To Real Court Over Sport Court (FL)

The Delray Beach gated community of Casabella is suing a Palm Beach County sport court…

10 hours ago

Divided Gilbert community ousts HOA board (AZ)

About 12 years after he moved into the newly built Greenfield Lakes community in Gilbert,…

10 hours ago