Learn more about our management packages today —
Call toll free (888) 565-1226

Tag Archives: responsible

Copyright Free Newsletter Articles – Volume 22

These articles are written for residents who live in homeowner and condominium associations and are provided to you as a free benefit of our Board Member Resources area. The content is designed to help those responsible for community newsletters, association websites, bulletin boards and other forms of communication for homeowners.

Read more

Copyright Free Newsletter Articles – Volume 21

These articles are written for residents who live in homeowner and condominium associations and are provided to you as a free benefit of our Board Member Resources area. The content is designed to help those responsible for community newsletters, association websites, bulletin boards and other forms of communication for homeowners.

Read more

Former owners owe debt to association

Michael Hunter
Q: Freddie Mac foreclosed on a townhome in our community last year. The previous homeowner was several months in arrears in his assessments, and our HOA placed a lien on the property. Since Freddie Mac foreclosed on the home and assumed the title, Freddie Mac has not paid the delinquent dues nor the late fees. Moreover, it has not made any payments for assessments that have accrued since it acquired the property. In a mortgage foreclosure, is the new owner obligated to pay the prior owner’s debts? What about their obligation to pay assessments accruing after taking title to the property?

Read more