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HOA OBLIGATION TO PAY LOAN

If individual owners fail to pay the special assessment to the association, thereby hampering the association's ability to make loan payments to the bank, the board can (and should) lien the unit and take action against the owner to collect the delinquent monies.

ASSISTANCE: Associations needing legal assistance can contact us. To stay current with issues affecting community associations, subscribe to the Davis-Stirling Newsletter.

Adams Stirling PLC