Q & A: In Florida Can a HOA foreclose for unpaid Association Fees? # 1
By Kwee Huset, Venice Florida Homes For Sale
(Kwee Huset Realty)
Q & A: In Florida Can a HOA foreclose for unpaid Association Fees? # 1 Q: In Florida Can a HOA foreclose for unpaid Association Fees? A: Yes. Establishing Liens for Unpaid Association Fees /Assessments In Florida many of the HOA (Homeowner Association) documents give the association their right to place a lien on each parcel to secure payment of assessments and other accounts as of the date of the recording of the Declaration of Covenants and Restrictions. . (Florida Statutes Section 720.305) The Association does not have to record a Claim of Lien to have a lien. By recording a Claim of Lien, the Association becomes a secured creditor and would have priority over any mortgage recorded after the Association’s Claim of Lien is recorded. Liable for Unpaid Association Fees/Assessments Th...
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