Unanswered
Hi, Ekaterina:
Yes, they absolutely can. Remember, pursuant to F.S. 720.3085, the Ass'n can go after successor owners for any and all amounts past due. I know. It's a terrible statute. When it went into effect, I remember thinking: "These HOAs have some amazing lobbyist!"
There are very few ways to defeat that statute, and avoid the liability, so the best thing is for the Ass'n to get its money from the auction. The good news is that they almost always do.
If there is any deficiency, though, you can be sure you'll get a bill from the Ass'n.
Best,
~ Jeff Harrington, Esq.
Harrington Legal Alliance
466 Views
0
Answers
one year ago
one year ago
You Asked & We ALL Answered!
Most Popular Questions
- Tax Deed vs Foreclosure Implications?
- Mortgage Reporting on Title Search?
- Estimating the loan balance on a Reverse mortgage?
- Best County to buy Land to flip??
- How to locate properties that do not sell in a tax deed auction??
Most Recent Questions
- Tax certificate sales: Homestead vs non homestead exemption ??
- Tax certificate: what happens if nobody requests the tax deed sale after 2 years??
- Tax certificate sales in Florida : residential vs commercial?
- Surplus funds after tax deed sale?
- Getting an actual deed and not certificate of title?
Can you answer these questions?
- Looking for an Equity Partner to Scale Up??
- Looking for creative buyers, seller finance in Marion County, FL?
- PropertyOnion to incorporate working with probates??
-
218one month ago
-
100one year ago
-
51one year ago
-
50one year ago
-
30one year ago
-
27one year ago
-
26one year ago
-
25one year ago
-
20one year ago
-
202 years ago
Even if HOA accepted my bid as a plantiff on auction? E.g. there is final judjement amount of $50000 HOA is plaintiff and I bought it for $40000. Will they go after me for the $10000 after closing or this lien will be removed?