Agent

Condo foreclosed but HOA fees keep coming

Who's responsible for unpaid assessments?
Published on Jun 30, 2008

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by CareyBot

DEAR BENNY: Recently my condominium unit was foreclosed upon, but the association has now sued me for unpaid condominium assessments. Am I still responsible for this debt? --William

DEAR WILLIAM: Unfortunately you are, but only until the foreclosure sale took place.

Once a new owner took title to your unit -- whether it was a successful bidder at the foreclosure auction or the bank itself -- that new owner is obligated to start paying the association dues.

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