Usually not, since your assessments pay for services and contributions to your reserve accounts.
Your tax consultant can answer this question for you, and it may depend upon whether the property is your primary residence, secondary residence or is an investment rental asset.
Yes. You are legally obligated to pay homeowner association dues. As long as the homeowner's association was part of the public land records when you purchased your property you agreed to be bound by its terms and provisions. You need to review the recorded documents relating to your property.
yes
Your answer may depend on your use of the real estate asset. Your tax advisor can answer your question specifically.
They are typically TOO MUCH and are charged monthly!
To file a lien on homeowner association you have to file at the court house.
Depends on the laws of the state; the HOA should have its attorney check this. But the question is how did the sale occur without the HOA providing a standard letter certifying that all dues were paid to date of sale unless your state does not require this? The HOA should have filed its lien against the unit prior to the sale, too, if state law granted it that right.
No, a homeowner association cannot answer a summons on behalf of an individual member. Each homeowner must respond to legal matters individually.
Liens are a legal specialty and best practices dictate that you work with association counsel to file the proper lien, properly, to maximize the association's chances that it can recover money from this action.An improperly filed, improper lien may afford the debtor defense against your claim.
If the homeowners' association has recorded covenants and/or bylaws against the home in question, and the dues required by the covenants and/or bylaws have not been paid, a lien can be filed immediately in most cases, regardless of foreclosure or sale of the property. However, to ensure that the lien paperwork is filled out correctly (and avoid thousands of dollars in attorney fees should the homeowner challenge the lien in court), the homeowners' association should hire an attorney to prepare the lien documents.
Liens are a legal specialty and best practices dictate that you work with association counsel to file the proper lien, properly, to maximize the association's chances that it can recover money from this action.An improperly filed, improper lien may afford the debtor defense against your claim.
Yes--if there is a written contract or agreement to pay dues. If the dues are voluntary, then the association has no basis to sue.
It won't. Homeowners insurance is protection from sudden accidental losses, it does cover association dues.