How Does a HOA Place a Lien on a Homeowner?
Full Question:
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.
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