The owner stopped paying maintenance fees, as well as the mortgage years ago and owes the association $10,000 or more. The bank has begun foreclosure process but has delayed or not completed the foreclosure or they have foreclosed but have not paid the association any of the back or current maintenance fees. Should the association foreclose?
The owner stopped paying their maintenance fees and mortgage years ago, and the association is owed a very large amount of unpaid fees. The bank has filed a Notice of Foreclosure, but the association cannot determine how far into the process the bank has gone. Fees continue to go unpaid month after month, and it seems as though no progress is being made by the bank. Should the association foreclose?
The owner has rented the unit and is getting the rental income. However, he is not current on his fees and owes a large balance of prior maintenance fees to the association. Should the association foreclose?
