Massachusetts
The Homeowner's Association could Petition the appropriate court for a judgment lien and if successful, record a lien against the debtors property. The property owner would not be able to sell or refinance the property without paying the amount owed which would begin accruing interest on the date of issue. Court costs would also be added to the amount owed.
Washington State
Read your governing documents to determine the association's responsibilities and rights regarding foreclosure. Generally, if the association places a lien on your title, the lien is based on monies due from you which you have not paid.
If the monies due are assessments, and your governing documents allow it, yes, the association can foreclose on your property and sell it to satisfy the debt that you owe.
If they hold a mortgage or a lien on the property. Home owner's associations often have required dues and if they are not paid, a lien can be placed on the property.
Best practices dictate that you hire a local, common interest community-savvy attorney who works with owners who can help you defend this lien, or help you settle it.
Generally, your purchase agreement details your responsibilities, including what monies as part of the sale are to be paid to the association for overdue assessments. If you believe that you do not owe past-due assessments, you can request that the board offer you proof that you owe the debt. In the end, you may need the advice of a local common interest community-savvy attorney.
Your association placed a lien on your property based on your failure to pay your assessments. The easiest way for you to clear the lien is to pay the debt you owe and ask the association to release the lien. (Assessments pay for the maintenance of the property that you own together with all the other owners in the association. You agreed to pay assessments when you purchased your property.) Your board has attempted to collect your unpaid assessments, and is chartered by your governing documents to collect this debt. The lien clouds the title to your property, so you will have trouble selling it without paying the debt and authorizing the association to release the lien. A clouded title can become problematic should you desire to refinance your home, take out another mortgage on it or otherwise use your title as collateral. In addition, a lien against your property will probably appear on your credit report. Some associations can also foreclose on your property and sell it to satisfy the debt that you owe. Your governing documents will clarify where in the collection process, filing a lien might be positioned.
Absolutely, they can. A lien will be placed on the property which prevents you from being able to sell the property or mortgage it without paying the property taxes. The last resort is that they can have an auction and sell the property on the Courthouse or City Hall steps with the new buyer being subject to pay the taxes owed on the property. If you wait this long you cannot bid on the property yourself.
A lien prevents the property from being sold without paying off the creditor. After a certain period of time, it is possible to foreclose on the property, sell it, and collect the amount of the lien, the balance going to the property owner or other creditors.
A mechanic's affects the property where labor or materials were supplied for the improvement of that property. They are governed by state law and if the lien is not paid off with a certain short time period the lien must be 'perfected' by some court action to foreclose on the lien.In some states the lien can be perfected in court and a judgment lien will be issued that once recorded in the land records can affect other property owned by the debtor. However, prompt follow up of the original mechanic's lien according to state requirements is required for the creditor to maintain their right to relief.
First, the conodminium association placed the lien, the management company just did the paperwork. A lien is placed on your condo to make sure you can't sell it without the back debts being paid. It is done to protect the association. This is usually done when assessments aren't paid on time. If you have fallen behind on your payments, then the association can withhold certain services, possibly even turning off utilities (depending on your documents and state law), but can't lock you out of your home. They can, however, foreclose on your unit if assessments continue to go unpaid.
when the property is sold of course.
The federal government has placed numerous programs to help stem off at risk homeowners. These programs have had mixed success.
Yes. If, for example, you do not pay your assessments, and a lien is placed on your title, the filing is reported to the credit bureaus, and will show up on your credit report. Your score could suffer.
== ==