Co-ops have more leverage, but there are ways for condos to collect arrears. At a luxury Chelsea condominium called the Heywood, the condo board used an ingenious strategy to collect from a unit-owner who owed $100,000 in unpaid common charges, late fees, and interest. After filing a foreclosure proceeding, the board got the courts to appoint a receiver, who had the power to set and collect rent from the unit-owner. When he failed to pay the rent, the receiver was able to move to evict, and the courts upheld the move. Read the article…………..
Homeowners associations first took off in the 1970s as local governments looked for a way…
On January 1, 2020, the State legislature added California Civil Code § 5551 to require…
Members of the Padre Isles Property Owners Association (PIPOA) have visited the Hamann's residence multiple…
A mother’s attempt to memorialize her 2-year-old son who passed way in 2022 has yielded…
On the 3-year anniversary of the Champlain Towers South building collapse in Surfside, FL, many…
Residents of the Pensfield Place Condos in Sylmar couldn't believe it. Someone had taken a…