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How long does a lien from a Home Owners Association for nonpayment of assessments last?
Wiki User
∙ 15y ago
According to NOLO, below:
"A judgment lien in Louisiana will remain attached to the debtor's property (even if the property changes hands) for ten years."
If your lien is of a different type, you can use the site's legal research section to find the answer you want.
Wiki User
∙ 10y ago
Wiki User
∙ 15y agoVaries state to state. 8 months in WA. See an attorney in your area for details on your state's law.
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Where would you find grants for a Florida Home Owners Association?
Although your association may be a valid Florida non-profit corporation, grants are not generally a source of income. Association income is based on assessments paid by owners.
If the subdivision is not complete do you have to pay home owners association dues on property bought before completion?
Read your public offering statement and governing documents to determine when owners begin paying association assessments. As well, understand the developer's responsibilities to pay assessments -- once they become due -- on undeveloped and unsold properties.
Two people purchased home with a homeowner association and are not part of the association?
If the homes are within the provenance of the association, the new owners are automatically members of the association and are required to pay monthly assessments and live in the property according to the governing documents.
Can a MN nonprofit Home Owners Association assess fines for late payment of dues?
Yes is the short answer. Read your governing documents -- and in this case, perhaps a Resolution crafted to collect assessments -- to understand both your obligation to pay your assessments and the association's responsibility to add fines when you don't pay on time.
What does the abbreviation SOME stand for in home owners association assessments?
You may be able to find the answer you want in your governing documents, including resolutions or board meeting minutes.Otherwise, your treasurer or property managing agent can explain what these letters stand for.SOME is not a common convention in the accounting or finance vocabulary of homeowners' association assessments.
Can a home owners' association prohibit jogging on streets?
They can if the streets are owned by the home owners' association rather than by a municipality.
Can an Home owners association put a lien on your property even while you are making payments?
You are not clear about who you're making payments to: the mortgage company for your mortgage, or to the association to pay assessments that are in arrears. If you mean payments to make up arrears, and the association filed a lien on your title, review the agreement that you made with them about making payments. It's possible that filing a lien is part of your agreement in some way. Or, that the association has filed a lien against you in error. If you mean payments to pay your mortgage, and you are not paying your assessments, your association filed a lien to collect monies that you owe in past-due assessments. (You have to pay both: mortgage and assessments.) If your assessments are up to date, check with the board to better understand why a lien has been filed by the association on your title.
How much are the hoa dues in lancaster gate in spotsylvania county VA?
Home owners pay assessments to pay for the operation of the community. There is no standard, and assessments fluctuate from year to year. A board member or the association manager may be able to give you the answer you want, if you are entitled to an answer to your question.
Can you lose your mortgage free home for nonpayment of condo fee in New Hampshire?
Yes, it is possible to lose your mortgage-free home in New Hampshire for nonpayment of condo fees. Condo fees are considered a lien on the property, and if they are not paid, the association may take legal action, including foreclosing on the property. It is important to review the specific terms and conditions of your condo association to understand the potential consequences for nonpayment.
Home owners association dues secured or unsecured claims?
Read your governing documents to educate yourself about your personal responsibility to pay your association assessments, which may also be tied to your free and clear title to your property. Your bankruptcy attorney -- assuming that is the basis for your question -- can give you a firm answer, so that you understand the status of assessments that you owe prior to the date of filing and the status of assessments that you owe after the date of filing. Your banker -- assuming that a financial statement is the basis for your question -- can confirm the status of your assessments.
The president of the home owners association does not pay a monthly association fee and every body else pays-is this correct?
No. Unless there is a specific entry in the governing documents that forgives the president's obligation, the president pays assessments, just like every other owner.
Can the home owners association refuse owners gate access codes?
Work with your board and your association manager to most fully understand why access is being denied. For example: It is possible that your governing documents specify that when you do not pay your assessments -- which pays for upkeep of the pool -- that you can be denied access to the pool by refusing to give you gate access codes.
