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Reply #8: Our HOA would file a lien against the property.
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trof
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Mon Nov-14-11 08:33 AM
Response to Reply #7 |
8. Our HOA would file a lien against the property. |
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We've never actually done it, but we've had to threaten it a few times for residents who just hadn't paid the annual dues after repeated reminders.
With a lien, buyers can't get clear title to the property until the lien is cleared.
BTW, our annual dues = $180. That's PER YEAR.
Covers upkeep/insurance/taxes on common property. We have a small clubhouse and a boat launch.
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