There is no standard.
Read your governing documents to determine how far that association can reach into history for unpaid assessments.
Your state law may also limit the reach.
At the time of sale, all past-due assessments can be collected -- if the board has positioned its claim appropriately -- so that a new owner is not liable for unpaid assessments by a previous owner.
The board or the association manager can answer your question.
Yes, and the law is a local state law, plus the governing documents under which the association operates the property. Read your governing documents and follow the guidelines there to collect the past-due assessments.
Read your governing documents to determine which actions your association can take in order to collect assessments that you owe and do not pay. As well, it's reasonable, for example, that if you don't pay your monthly assessments, and the association pays your electric bill from assessments that are collected, that they can deny electric service to you, since you aren't paying for it.
Condominium living implies assessments, regardless of the amenities owned by the association.
no but trying to If a condo owner falls more than 90 days in arrears of association, the right to use common areas can be suspended by the association until such dues are paid.
Follow the stipulations as they appear in the condominium agreement signed by the owner. These are called governing documents. Best practices dictate that the association work with their association-savvy attorney to collect unpaid assessments. That partnership means that the association will follow its own guidelines, and that the owner will pay all costs associated with collection, and ultimately, if necessary, the proper lien filed in order to protect the interests of the association.
Yes.
You can wait for the association to take action against you for the debt you owe, or you can take action and explore payment plans that fit into your current situation.
Their role essentially shapes the quality of life within the condominium, as they make key decisions pertaining to the aesthetics, maintenance, and overall functioning of the community. At Daisy Property Management, I've seen just how much a dedicated and efficient condo association can enhance the living experience within a condominium community.
The outstanding fees will show up at the closing. Obtaining a certificate that there are no fees due is an automatic part of a closing on a condo unit or a property subject to any association fees.
Assessments are owed to the association by the condominium owner. If it's a bank, then the bank owes assessments.
Read your governing documents and work with your association attorney to file a lien for unpaid assessments.