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Can a condo association sue you if you put a for sale sign in your front window?
Wiki User
∙ 14y ago
Maybe.
Read your governing documents and determine whether you are allowed -- or not -- to place signs in your front window.
If the association has chosen to sue you, it's possible that you have ignored other messages from the association to remove the sign, such as a Notice of Violation, Opportunity to Appeal and so forth, so that suing you is their last resort.
Wiki User
∙ 14y ago
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Are unbuilt lots considered common areas of a condo association?
No, only defined "common areas" owned by the condo association are considered common areas, and unbuilt lots usually belong to an individual (e.g., the developer or an investor). If the association owns them, they are most likely reserved for sale to a future tenant/builder, although the proceeds of the sale will go to the association.
Are there any condos for sale in Florida?
An overview of information regarding condo docs and HOA in Florida. Vacation Homes Florida for sale. A resale condo and fifteen days when buying a new condo in Florida.
Can I get an estimated value of Condo?
You can get an estimated value of a condo by comparing other homes that were on sale in order to find a reasonable price for the condo.
If your condo goes into foreclosure do you still owe the condo fees?
Yes, until the bank is the owner. The fact you're in foreclosure doesn't change the fact utilities need to be paid as well as your staff. It's not only the bank that can put you into foreclosure; even your HOA/condo association can force the sale of your home due to delinquency.
Where could someone buy a condo?
You can buy a condo by going to websites such as Craigslist and finding available condos for sale. In addition, you can see the newspaper to buy a condo.
Can you drive your car with a for sale sign on the window?
Yes, as long as it's in a rear side window or the back glass. It cannot block the drivers view to the side or front.
What happens to the first mortgage on a condo in Florida when the condominium association forecloses for unpaid association fees?
For the condo association foreclosure to be valid, the bank who holds the mortgage must be notified of the foreclosure action, and the mortgage company has the opportunity to do a couple of things: They can pay the delinquent condo fees themselves, to protect their own interests, and force the borrower to pay them back. If the borrower is unable to repay the condo fees, it could put the mortgage payments in default, and be grounds for the lender to begin foreclosure proceedings. If the borrower is behind in their mortgage payments, the bank can join in the condo association's foreclosure action themselves. This is actually a great assistance to the bank, as it saves them the time and trouble of initiating the lawsuit - they just get to piggy-back on the condo association's foreclosure, which makes the foreclosure sale happen that much sooner. And since the bank's lien has priority over the condo association, the bank would be the one to get paid off first if the property got sold to a third party at the foreclosure sale, or if nobody bid on the property, they would be the ones who would become owners of the condo. If, for whatever reason, despite getting proper notice, the bank does nothing and the condo association forecloses on the property. The first mortgage holder has a lien that always survives the condo association's foreclosure. In fact, second mortgages are usually superior to the condo association's lien for unpaid maintenance fees. Usually the condo association gets stuck with owning a property with at least one outstanding mortgage with an outstanding mortgage balance greater than the actual value of the property because of the decline in real estate value. Most condo associations allow the first mortgage holder to foreclose on the property after their foreclosure is done. The main point is that in Florida a condo association foreclosure has no effect on the first mortgage.
What are the release dates for My First Sale - 2010 Too Stressed to Sell Condo - 5.1?
My First Sale - 2010 Too Stressed to Sell Condo - 5.1 was released on: USA: 15 August 2011
Will sale of condo by wife affect having to pay taxes on sale of house by husband?
Your tax advisor can answer your question.
How can a condo be placed for sale on Craig's List?
Condominiums for sale are usually listed under real estate on CraigsList.
What are the release dates for My First Sale - 2010 Too Stressed to Sell Condo 5-1?
My First Sale - 2010 Too Stressed to Sell Condo 5-1 was released on: USA: 15 August 2011
What are the release dates for My First Sale - 2010 Living Apart to Sell Florida Condo 5-8?
My First Sale - 2010 Living Apart to Sell Florida Condo 5-8 was released on: USA: 26 September 2011
