How Does A Homeowner's Association File a Lien for Unpaid Dues?
Full Question:
Homeowner owes Assocation dues of $400 for 2010 and $1250 for 2011 (not prorated). Property is being foreclosed. What form is used to file a Homeowner's Assocationl lien against the property for dues owed?
09/29/2011 |
Category: Real Property ยป Homeowner's ... |
State: Texas |
#25507
Answer:
A lien may be placed on the property for overdue HOA fees. An assessment lien form is typically used by a homeowner's association to place a lien against a homeowner for unpaid dues. Also, many Homeowner Association Declarations include provisions for charging interest on any upaid dues or assessments. The Declaration may also provide for attorneys fees if the Association is successful in proving their claim. We suggest you consult the applicable governing documents, as there are often bylaws stating how the procedures to be followed for a notice of deficiency to be provided before a lien is filed.
