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Where can I locate the process for an HOA to place a lien on a unit in New Jersey. Do we need a court order or can they file the lien without?

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Can we skip the expense of doing an audit or review for 2019 and save the money. Im told that since there was no owner vote at the annual meeting

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We are a self managed HOA (3 units - we are all just moved in). What type of account should we open?

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Should individual salaries of employees be shown in the financial budget?

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My husband and I are in are early 80's and are considering a reverse mortgage.  We own our home in Florida outright.  Has anyone had any experience with reverse mortgages?

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How to get a mortgage for an unwarranted condo building.  I can't get an FHA loan. less than 50% of the condos are owner occupied

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In Massachusetts can unit owners be sent to collections for owing special assessment fees

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“Dues Paid to Treasurer” and it is a line item under Equity. Has anyone seen a line item like that on their condo association Balance Sheet

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What is the point of a financial audit for an HOA or association? Does board need to sign off on it? Does property manager need to abide by it?

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What happens when an owner files for bankruptcy?  Is he still obligated to pay his condo fees?  How does condo association to get paid as a creditor?

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Please note that blog comments and postings are not legal advice, rather only the opinions of our readers.

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