Benjamin Franklin once said, “By failing to prepare, you prepare to fail.” Servicers can face significant obstacles in preservation of their rights vis a vis assessments by homeowners’ associations and condo associations (a “property association”). The most important action servicers can take in addressing this issue, not surprisingly, is foresight and preparation by putting procedures and guidelines in place to address if and when assessments should be paid before the property association foreclosure process begins. Read the article……………
Related Post
December 11, 2021
January 22, 2020
September 23, 2023
Comments are closed.