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Condo | HOA Lawyers

Successfully recovered, through the foreclosure process, funds in excess of $15,000.00 owed to an association by a delinquent owner.

Facts: An owner failed to make required payments for maintenance fees. After the owner’s account became increasingly delinquent, the association filed a lien, and, when it received no response, a foreclosure complaint was filed. A little less than one year after filing the foreclosure complaint, the unit was sold at sheriff’s sale. The proceeds were then distributed to the association, in the form of a check for $15,367.35 representing an amount that covered the entire outstanding balance, including attorney fees, filing fees, and court costs.

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