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You can find the answer you want in your governing documents.

Your monthly assessments cover bills the community incurs for community services, such as master insurance policy premiums, landscape services, property management services, sewer and water bills, and so forth.


When you don't pay your assessments, you essentially require your neighbors to pay your bills.


Your board can employ remedies necessary to collect your assessments, which may automatically be a lien on your condominium. The board can file a formal lien document with a local court, which effectively publishes your status. This clouds your property title and becomes public record.


If your board is granted power in your governing documents to sell your unit in order to collect your assessments, it may choose to take this route if all other attempts fail.

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14y ago
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14y ago

You can find your answer within your governing documents and within the Florida state condominium law.

Most states allow this action on behalf of an association, but each state is different in terms of its process, procedures.


Your governing documents spell out the first level of position, in terms of your rights and the association's rights.

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Q: Can a condo association in Florida lien a condo and seize the property for late maintenance fees?
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Can you rent out a bedroom in your 2 bedroom condo in Florida?

Only if the Condo Association allows it. It could otherwise fine you.


What happens to the first mortgage on a condo in Florida when the condominium association forecloses for unpaid association fees?

For the condo association foreclosure to be valid, the bank who holds the mortgage must be notified of the foreclosure action, and the mortgage company has the opportunity to do a couple of things: They can pay the delinquent condo fees themselves, to protect their own interests, and force the borrower to pay them back. If the borrower is unable to repay the condo fees, it could put the mortgage payments in default, and be grounds for the lender to begin foreclosure proceedings. If the borrower is behind in their mortgage payments, the bank can join in the condo association's foreclosure action themselves. This is actually a great assistance to the bank, as it saves them the time and trouble of initiating the lawsuit - they just get to piggy-back on the condo association's foreclosure, which makes the foreclosure sale happen that much sooner. And since the bank's lien has priority over the condo association, the bank would be the one to get paid off first if the property got sold to a third party at the foreclosure sale, or if nobody bid on the property, they would be the ones who would become owners of the condo. If, for whatever reason, despite getting proper notice, the bank does nothing and the condo association forecloses on the property. The first mortgage holder has a lien that always survives the condo association's foreclosure. In fact, second mortgages are usually superior to the condo association's lien for unpaid maintenance fees. Usually the condo association gets stuck with owning a property with at least one outstanding mortgage with an outstanding mortgage balance greater than the actual value of the property because of the decline in real estate value. Most condo associations allow the first mortgage holder to foreclose on the property after their foreclosure is done. The main point is that in Florida a condo association foreclosure has no effect on the first mortgage.


Can your condo association foreclose on your unit in Florida?

Yes. This is usually a last resort, but it is possible.


Who takes care of the condominium and the grounds?

generally this is going to be your homeowners association within the condo, although it can many times be managed by a professional management company. I personally live in a PUD (Planned Unit Development) community, which is very similar to a condo complex. In my neighborhood, all of our property maintenance and insurance issues are handled through the HOA. If all else fails, you could contact your condo association and ask them. hope this helps!


Have Florida legislators passed a law to force condo owners to pay their condo fees?

no but trying to If a condo owner falls more than 90 days in arrears of association, the right to use common areas can be suspended by the association until such dues are paid.


Are collier county Florida condo association insurance costs rising?

A local insurance broker can answer your question.


Do you have a lein on your property?

yes but I paid cash for my condo(association dues) , can it be foreclosed if so by who i don't have a mortgage


What are some condo association management companies in Chicago?

Some condo association management companies in Chicago include Root Reality, Inc and SGJ Property Management. You can learn more about these companies online at their respective websites.


The Residential Condominium Building Association Policy (RCBAP) provides coverage for?

A Condo association purchases coverage for parts of the property that are commonly owned by the people who own Condos in the development. This is why you pay dues to the association, for insurance and taxes on common property. Most Condo agreements means that you own the property from the bare sheetrock inward, meaning you own the paint, floor covering, furniture, appliances, etc. The commonly owned property is things such as sidewalks, roof, walls, pools, etc. All owners of Condos are also insureds under the Condo agreement. Various Condo agreements can be different, and all are not the same. You need to know how your Condo is set up and what your agreement says.


Can the owner of the condominium open the business in condo?

Read your governing documents to determine the uses for your property allowed by the association.


What is the use of Condo Associations?

Their role essentially shapes the quality of life within the condominium, as they make key decisions pertaining to the aesthetics, maintenance, and overall functioning of the community. At Daisy Property Management, I've seen just how much a dedicated and efficient condo association can enhance the living experience within a condominium community.


Are condo associations hiring repairs required to carry workmans comp insurance?

Even if a condo association does not have direct employees, there can still be potential situations where workers compensation coverage is beneficial. For instance, should an injury happen on site to a worker from the property management company or to a subcontractor, some states might hold the property owner (the condo association in this case) liable, despite the worker not being a direct employee of the association. It's also worth bearing in mind how your property management company handles their own insurance. Some property management firms, like Daisy Property Management, ensure that all their staff and subcontractors are properly covered, giving peace of mind to the condo associations we support. However, it's always beneficial to have a comprehensive review of your condo association's insurance portfolio completed by a licensed insurance professional to ensure there are no gaps in coverage. This should ideally be updated annually or when there are significant changes to the association's properties or operations.