Tag Archives: payment

HOA can cut off services to delinquent condo

Q: We are researching how much leverage is afforded to our HOA board before starting lien and foreclosure proceedings on a condo unit that is in arrears on payment of HOA assessments. Does N.C. law allow an HOA to shut off the water to a unit that is past due on payment of association assessments, and when the owner has not responded to an offer of partial payment?

Condominiums offer a range of privileges and services to the unit owners, such as access to swimming pools and fitness centers, use of parking lots and garages, and the provision of utilities such as water. Those privileges are paid for by the assessments levied by the HOA against unit owners.

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MD: Scott took money to repay another theft

A Berlin accountant who turned himself in to police for allegedly stealing hundreds of thousands of dollars from resort area condominium associations claimed that the thefts started when a local businessman he also stole from began extorting him for monthly buyoff payments

Authors: Community Associations Network National

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