Search for: "Condominium Owner's Association"
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28 Sep 2018, 10:53 am
It's community association budget season! [read post]
3 Aug 2010, 12:54 pm
While the new law does not clearly delineate how the rental payments from a tenant are to be obtained and applied to the unit owner's delinquent account, condominium association attorneys at our firm are working closely with our clients to issue these requests for the rental payments and respond to any questions or concerns by the tenants and their landlords. [read post]
21 Oct 2015, 11:28 am
The court noted that Deutsche Bank failed to pay the association's lien, bid at the trustee's sale, or exercise its redemption rights despite being given ample notice and opportunity to do so.Many foreclosures by condominium associations do not end well due to bank foreclosures and owner bankruptcies, so it is always good to be reminded that they can result in successful outcomes too. [read post]
16 Oct 2015, 7:22 am
The defendants, the condominium association and the management company, therefore owed no duty to the co-owner under premises liability. [read post]
12 Feb 2019, 2:25 pm
Stated another way, the remaining condominium owners think it is their responsibility to pay for the maintenance of the lender's collateral. [read post]
10 Nov 2016, 3:41 pm
Three years of acceptable financial documents.HUD's letter announcing this change noted that "owner occupants serve to stabilize the financial viability of the projects and are less likely to default on their obligations to ownership associations than non-owner occupants .... [read post]
29 Jul 2022, 12:13 pm
An owner in a condominium association recently refused to pay assessments on his unit and argued that he was exempt from doing so due to the association's mismanagement of common funds. [read post]
1 Aug 2016, 7:50 am
Congress has recognized that FHA's condominium re-certification process was too burdensome. [read post]
15 Oct 2021, 1:25 pm
This ratification process must be followed even if an association's governing documents contain a different procedure. [read post]
30 Nov 2015, 12:48 pm
The Court first pointed out that leasing is identified as a use of a unit in the condominium's declaration. [read post]
15 Apr 2019, 12:34 pm
It noted that the owner was not entitled under the association's bylaws to notice or an opportunity to cure prior to the referral of the assessment debt to an attorney for collection. [read post]
14 Oct 2011, 11:00 am
If an owner becomes delinquent in paying its association assessments, the association can foreclose on the owner's property and the property will be sold at foreclosure auction. [read post]
24 Dec 2023, 10:12 am
” case noted that under the Illinois Condominium Property Act, a condominium association may act in a representative capacity on behalf of its unit owners. [read post]
28 Apr 2008, 6:00 am
In this matter, the owners filed a suit against the condominium, its board members and its managing agent, seeking damages associated with what they contend is a breach of duty on the condominium's part. [read post]
13 Feb 2009, 12:34 pm
The Court of Appeals decision (click here) provides an excellent discussion on a homeowner's versus the condominium association's repair responsibilities and the director's duty of care as well. [read post]
22 Jul 2011, 8:02 am
Condominium Association's Right to Suspend Prior to 2010, the right to suspend the use rights of common elements and facilities in a condominium was not a remedy available to condominium associations. [read post]
17 Jun 2010, 12:48 pm
Unless the association's governing documents provide otherwise, it should tailor its meeting schedule to meet its needs. [read post]
20 Jun 2007, 6:08 am
Condominiums are governed in this regard by New Jersey's Condominium Act (the "Condo.... [read post]
26 Jun 2017, 4:35 am
Liens and Foreclosures When homeowners fail to pay dues or other amounts due to the association, the association will - subject to the satisfaction of certain conditions - have the right to place a lien on the owner's unit and eventually foreclose on the property. [read post]
18 Jan 2017, 7:27 am
This bill is pretty simple and isn't something that condominium associations need to concern themselves with. [read post]
