We have a sheriff’s deed, but who pays association assessments? (MI)

The Michigan Court of Appeals recently held that a purchaser pursuant to a sheriff’s sale was responsible for condominium association fees due from and after the date of the sale. In Wells Fargo Bank v Country Place Condominium Association, the bank acquired title by virtue of foreclosing its mortgage on a condominium unit and obtained a sheriff’s sale deed.     Read more…….

Editor

Recent Posts

Q&A: Signs, Signs, Everywhere a Sign (MA)

Q. As election season approaches, I am anticipating—in light of the current divisive nature of…

21 mins ago

Experts say lack of condo-building comes down to risk, returns (UT)

Developers aren’t building condos in Utah because of design constraints, equity investment issues and the…

28 mins ago

ManorLane Launches Landlord and HOA Review Platform for Renters & Tenants

ManorLane, a cutting-edge platform designed to empower tenants through landlord ratings and review channels, makes…

32 mins ago

What You Need To Know About HO6 Insurance

Life in a townhome offers a vibrant blend of community and convenience but just like…

34 mins ago

Is it Possible to Contest Assessments by Co-Op and Condo Boards? (NY)

Co-op shareholders and condo unit-owners dread the news that their board is levying an assessment…

36 mins ago