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Can condo association foreclose on delinquent owner's unit?

  
  
  
  
  
How can we find out if our Ohio condo association can foreclose on a unit that owes thousands of dollars to the association?

Comments

I am not sure about Ohio Law but in Florida you would have a lein taken out against the unit and then sue on the lein and when a judgement is obtained, The association can have the unit sold on the courthouse steps and the proceeds up to what is owed the association will go the association and the owner will receive the balance less the cost of the sale. Florida Law has a new rule that an association can only receive so many months of dues but you may not be effected in Ohio by this kind of rule. You should at least file a lein to protect the association in case the unit is sold or foreclosed upon.
Posted @ Saturday, January 01, 2011 10:05 AM by Howard
Depends on the terms of the CC&Rs (and other relevant agreements and encumbrances on the condo) and the laws of the Ohio State 
 
Is there a mortgage on the unit? If so, the Comany will have a charge add with outstanding taxes may leave little to cover the Associations debt. 
 
Nevertheless file liens against the owner(s) of the unit. If the liens go unpaid, the Association can seek foreclosure on the unit and sell it in order to satisfy the liens. 
 
 
 
 
 
 
 
 
 
Posted @ Saturday, January 01, 2011 10:10 AM by Tonyd
Does anyone have any experience with how to handle this in NY (NYC specifically). 
Posted @ Tuesday, January 04, 2011 11:31 AM by Nat
beware CAI worldwide condo association lobbyists actively changing laws. special assesment is a equity stripping tool that keeps bad feeder lawyers in the money through foreclousures, garnishments,and acting as a collection agency for past dues real scam that nets lawyers 100"s millons state by state. Don"t let this crooks use their property mangement or represent your board or have board members that are members. If you happen to be caught in their well placed trap media maybe only why out as they are political [rep]and judges are appointed by party it can be imopssible to get justice depending on who has the appointment strings
Posted @ Thursday, March 10, 2011 10:11 PM by mark patrick
Does anyone know how this works in Maryland?
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