Yes.
Read your governing documents to verify that your monthly assessments represent an automatic lien on your title.
When your board decides to file a formal lien, they are taking one of several steps they are entitled to take to collect the debt, including selling your condominium.
(When you don't pay your assessments, you ask your neighbors to pay your bills.)
It's a good idea to pay your assessments each month.
You can find the answer you want in your governing documents.Usually, regardless of the ownership status -- outright ownership or mortgaged -- unpaid condominium assessments represent an automatic lien on your unit's title.Apparently, your board has filed a formal lien with the court based on these unpaid assessments.Your governing documents may detail the extent to which the board can act, which might include foreclosure on your unit in order to recover these unpaid assessments.(Your assessments pay communal fees, such as master policy insurance premiums, garbage and recycle fees, landscaping, utilities, and property management expenses, staff salaries, and more. Not paying your assessments means that you may be 'living on the backs' of your neighbors, because they are paying your share of common expenses.)
First, the conodminium association placed the lien, the management company just did the paperwork. A lien is placed on your condo to make sure you can't sell it without the back debts being paid. It is done to protect the association. This is usually done when assessments aren't paid on time. If you have fallen behind on your payments, then the association can withhold certain services, possibly even turning off utilities (depending on your documents and state law), but can't lock you out of your home. They can, however, foreclose on your unit if assessments continue to go unpaid.
Read your governing documents and work with your association attorney to file a lien for unpaid assessments.
Yes.Read your governing documents to remind yourself of your legal obligations as a condominium owner.As well, you can read there the steps that an association must follow in order to foreclose on your unit, for example, to satisfy the debt you may owe for unpaid assessments.
Your association attorney is better prepared to answer this question in your particular situation. There is no standard.
The answer to this question depends on the legal cloud that the association placed on the title, such as a lien for unpaid assessments, and the priority of that debt in the forclosure process. Your association counsel can answer your question in particular, especially given evidence of the board's work in pursuing the debt prior to foreclosure.
Read your governing documents to determine the cause of this apparent threat. Since you chose Liens as another category, you may have a lien on your title for unpaid monies that you owe to the association. As a last step in collecting monies you owe, your association can take possession of your condominium and sell it. This process is written out in your governing documents.
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.
This is a task for your association's counsel. Filling an improper lien, improperly, may give the debtor an easy out of the monies owed.
Condo allocated for logging is recover unpaid assessments. This is in time builds up interest.
If you owe assessments that are unpaid, you are in violation of the financial agreement you made with the association. The association is required to pursue you to collect this debt. You can read your governing documents to remember your obligation to pay assessments, and understand the steps that your association will take to collect your debt. Your board can tell you whether or not this honest debt has been reported to a credit agency.
If the association has filed a lien for unpaid assessments, and the lien has a priority status over that of the mortgage lender -- potentially only some of the -- unpaid assessments will be paid from the foreclosure sale of the unit. In any event, if the daughter inherits the title, she also inherits the debt.