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CAI Scores Amicus Win in North Carolina Foreclosure Case

/ Owner - November 16, 2022

The Supreme Court of North Carolina unanimously determined that a condominium has the power of sale for foreclosure for nonpayment of an assessment given the plain language of the North Carolina Condominium Act of 1985 and the condominium association’s declaration. The court reversed the decision of the North Carolina Court of Appeals and remanded the decision back to the lower court to address certain arguments it declined to initially address.   Read the article………………………..

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