HOA Association Lien Subordinate to Mortgagee Interest on Lot
Barry Ansbacher
|
|
|
Court finds that subordination language in the covenants cause the HOA to lose the right to collect assessments against foreclosing mortgage holder notwithstanding the provisions in Chapter 720. The court suggests that the solution is for the HOA to amend its declaration. |
|
Barry B. Ansbacher
Board Certified Real Estate Attorney Board Certified Construction Law Specialist
Ansbacher & Associates, P.A.
8818 Goodbys Executive Drive, Ste. 100
Jacksonville, Florida 32217-4605
Fax: 904.737.4700
|
|
This message (and any associated files) is intended only for the use of the intended recipient and may contain information that is confidential, and subject to privilege. If you are not the intended recipient note that any dissemination, copying or distribution of this message, or associated files is prohibited. Absent language to the contrary in the body of the message or attachment, this communication will not satisfy the requirements for a writing, and nothing contained herein shall constitute a contract or electronic signature under the Electronic Signatures in Global and National Commerce Act, any version of the Uniform Electronic Transactions Act or any other statute governing electronic transactions. If this communication relates to a debt, please note that this is a communication from a debt collector attempting to collect a debt and that any information obtained will be used for that purpose. |