Feldsott, Lee & Nichter Foreclosure Options

by Andrew Parslow When a member of a homeowners association consistently fails to make assessment payments, the board of a homeowners association may place a lien on the delinquent homeowner’s property for the amount owed in unpaid assessments. If the parties are unable to come to an amicable resolution after the lien is placed on the property, there are two avenues of foreclosure available to an association: judicial foreclosure and non-judicial foreclosure. Historically, Feldsott, Lee …