Unpaid Assessments After Foreclosure, Who is Responsible?
Now that the tidal wave of foreclosure diminishes, legislators and judges are adjusting the law. They are doing this to determine who will respond to pay past due balances, most of which are condominium fees. The Florida safe harbor provision puts a cap on unpaid condo assessments that are owned by “the first mortgagee or its successor or assigns” who pick up title during the foreclosure process. They are liable