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Q: We have an owner who stopped paying their assessments to our condominium association. The association recorded a lien against the unit and foreclosed. The association was the only bidder at the foreclosure sale. Now some unit owners are saying that the board of directors acted inappropriately and there should have been a …
Q: I read your recent column which gave your opinion that the new condominium law on board member term limits is not retroactive. With so many changes to the law every year, how are we supposed to know which new laws apply to us and which ones don’t? (L.S. via email.)
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Q: I was recently appointed as the treasurer of my association. I noticed that there are a couple of unit owners who have not paid their condominium fees for over a year. I asked the other board members what they have done about the delinquent owners, and they basically shrugged their shoulders and …
Question: Can a realtor request a copy of the association HOA budget? One of the properties in our Association went through all the foreclosure proceedings and the bank is now the owner. A realtor who is representing the bank has asked for a copy of the current association budget. When I asked …
Picture this: the biggest road out of town. Now imagine it is rush hour. In a thunderstorm. Add that it also a hurricane evacuation. A lane is closed due to construction delayed by budget impacts. Imagine the traffic jam.
Subscribers 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 …
Court 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 …
There are several programs available to homeowners that will avoid the loss of their homes through foreclosure such as repayment plans, forbearance plans and loan modifications.