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You can start unraveling this situation by reading your governing documents. The lien may be an automatic lien against your title, which the association chose to file with the court.
If your governing documents offer a hearing option once you've received notice of a violation -- in this case, apparently not paying your assessments -- pursue that option.
As a 17-year owner, if you are reliable in paying your assessments, you should be able to point to your on-time payment history.
The legal fees charged to the association in this case will be paid by you one way or the other: either you pay them in full as part of releasing the lien, or you will pay them with your assessment dollars.
What else can I help you with?
Advantages and disadvantages of corporation?
Advantages of corporation include protected assets and heightened credibility. Disadvantages include loss of a personal touch, and ongoing expenses.
Which type of corporation is the standard normal type of corporation?
The type of corporation which is the standard normal type of corporation is the general corporation. Other types of corporations include closed corporations, limited liability corporations and S corporations.
What does the term 'professional corporation' refer to?
The term professional corporation refers to a corporation that is formed for the purpose of operating a profession that requires a license to practice. These include physicians, attorneys, and dentists.
What are the best practices for managing invoices effectively?
The best practices for managing invoices effectively include keeping accurate records, sending invoices promptly, following up on overdue payments, and using accounting software to track and organize invoices. It is also important to establish clear payment terms and communicate them clearly to clients. Regularly reviewing and reconciling invoices can help ensure that payments are received on time and accurately.
What is a small batch corporation?
A small batch corporation is a corporation that produce goods and services in a low volume. Examples would include restaurants or medical offices (doctors, dentists, vets)
If you file for bankruptcy and you cosigned for someone can the car loan be included in the bankruptcy if the person is not making their payments?
YES, you can include it whether the payments are current or not.
Measures to correct the deficit in the balance of payments?
Measures to correct the deficit in the balance of payments include deflation, depreciation, and devaluation. In addition, there is exchange control.
Do you have to put your address on checks when making payments?
Yes, it is recommended to include your address on checks when making payments to ensure proper processing and verification of the transaction.
What payments are transferred usually electronically by a paying agent directly to the account of a recipient?
Payments that are typically transferred electronically by a paying agent directly to the account of a recipient include salary payments, vendor invoices, and government benefits. Other common transactions include dividend payments, interest payments, and tax refunds. These transfers often utilize systems like ACH (Automated Clearing House) or wire transfers for efficiency and security.
What is backup withholding tax?
When a person, such as an employer, makes payments to another person, they must withhold and then pay a specified percentage of this payment to the Internal Revenue Service (IRS). This is called backup withholding. These payments have conditions set by the IRS, and there are many variables regarding what type of payments backup withholding can apply to. Backup withholding payments can apply to most payments that are reported on an IRS Form 1099. These can include interest payments and payments by brokers, as well as royalty payments. Other payments may include dividends, patronage dividends if at least half the payment is in money, rents, and profits. Commissions, fees, or payments for work undertaken as an independent contractor may also be liable to backup withholding.
Who are the industry leaders in commodity contracts brokers?
Industry leaders include Smith Barney, Andersons Investment Service Corporation, Archer Daniel Midland Company, Bank America Corporation, Bankers Trust New York Corporation, Bunge Corporation, Citicorp
What are some examples of transfer payments?
Some examples of transfer payments include social security benefits, unemployment benefits, welfare payments, and subsidies for farmers. These payments are typically made by the government to individuals, families, or businesses without the expectation of receiving goods or services in return.
