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Company Loan Type APR Est. Pmt.

Trust and Hoa delinquency

Posted on: 15th Jun, 2010 06:09 am
An owner in our hoa put his property in a trust with other
assets and is 16 mos.late on paying hoa fees. Can the
hoa board of directors attach a lien on his unit?
Hi lopaka,

As far as I know, if the property has been transferred to a trust, then the HOA will not be able to place a lien on that property. However, they can personally sue the owner for the dues.

Thanks
Posted on: 16th Jun, 2010 02:16 am
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