Many readers have posted questions regarding the ability to collect rent from tenants. It is important to remember that in all of the cases reported previously on this blog, the Court only appointed a blanket receiver to collect rent after the Association filed an action to foreclose its Claim of Lien. Thus, the Association must pursue the collection procedures set forth in the… Continue Reading
Tag Archives: condo receiver
Q&A: Condo Receivers; Collecting Rent from Tenants
Posted in Assessment Collection, Foreclosures, Reader Q&ASubscribers recently posed interesting questions concerning the information in Condo Receivers Help Collect Assessments such as the following: Does the Blank receivership work for HOA’s as well? How would the association/manager/board find out if tenants live in a specific unit and the association docs does not include the screening approval procedure for renters? The Condominium Act specifically… Continue Reading
Condo Receiver Helps Collect Assessments
Posted in Assessment Collection, Foreclosures, OperationsCourt Rules in Favor of Use Blanket Receiver to Collect Rental Income When Investment Owners Fail to Satisfy Financial Obligations to Association. The Miami Herald and Sun-Sentinel both reported that the Third District Court of Appeal denied a challenge to an Order appointing a ‘blanket’ receiver to collect rental income from tenants when the unit’s owner failed… Continue Reading