[WSBARP] Condo HOA Lien Foreclosure

[Jim Doran]

I do not do much condo work so here is a question for you all.

 

The condo owner did not pay his HOA dues and a sheriff's sale was done.  The
purchaser at the sheriff's sale has brought in a quote from somewhere saying
that "in some states" the HOA liens are considered "super priority liens".
The quote further says that if the HOA forecloses the super line, such as in
this case, it may eliminate the first mortgage.  In this case CitiMortgage
has a $60,000 mortgage.  

 

Does the foreclosure and Sheriff's Sale brought by the HOA for dues
eliminate the CitiMortgage underlying DOT and Note?

 

Thanks.

 

(My instincts say "No, it does not".)

 

James R. Doran

Attorney at Law

100 E. Pine Street - Suite 205

Bellingham, WA 98225

(360)393-9506

jim at doranlegal.com <mailto:jim at doranlegal.com> 

www.doranlegal.com

 

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