Browse Tag: lien

On Condo Liens – And How Powerful They Are

Architectural model promoting highrise condomi...

 

The common areas of a condominium property — think swimming pool, yards, elevators, etc. — are commonly owned by the all unit owners in the condominium. Owners of units in the condo make “common expenses” payments in order to maintain (and maintain an interest in) the common areas. ┬áBut what happens when non-payment of common expenses by a unit owner occurs?

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