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You agreed to pay assessments when you purchased your unit.

When you fail to pay them, the board may file a lien on your title, sue you, step into your rental revenue stream, and so forth -- and in the worst case, sell your unit -- in order to collect the debt that you owe.

Read your governing documents to understand the particular legal implications of failing to pay the debt that you owe to your neighbors.

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Q: Legal ramifications of stop paying monthly association fees?
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