[WSBARP] Condo lien waiver
James L. Strichartz
jim at condo-lawyers.com
Thu Apr 14 13:33:17 PDT 2016
Hi Craig,
I do not see any problems with waiving the lien in this situation. We
have done it before, in fact not even requiring the new owner to occupy
the unit, just requiring the owner to remove the tenant and sell. In
our case, the lien was only $5,000, but this was twenty years ago.
Best regards,
Jim Strichartz
Jim Strichartz
Attorney
Fellow, College of Community Association Lawyers
Law Offices of James L. Strichartz
201 Queen Anne Avenue North, Suite 400
Seattle, WA 98109-4824
jim at condo-lawyers.com <mailto://jim@condo-lawyers.com/>
http://www.condo-lawyers.com <http://www.condo-lawyers.com/>
http://www.linkedin.com/in/condolawyer
<http://www.linkedin.com/in/condolawyer>
tel: 206-388-0600
fax: 206-286-2666
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From: wsbarp-bounces at lists.wsbarppt.com
[mailto:wsbarp-bounces at lists.wsbarppt.com] On Behalf Of Craig Gourley
Sent: Thursday, April 14, 2016 12:40 PM
To: wsbarp at lists.wsbarppt.com
Subject: [WSBARP] Condo lien waiver
Listmates. I would appreciate the collective thought on a housing
question. I may be over thinking this but I am concerned about fair
housing issues or whatever else could be brought to bear. The condo
association has had significant issues with one Unit and its tenant. As
a result the association has a 12,000 lien against the Unit. Unit is
for sale and the Association is willing to waive the lien and forgive
the debt if the Unit is sold for owner occupancy only. This will not be
a permanent restriction, just at the time of sale. Any issues that you
can see with the association offering to waive a lien in exchange for a
warranty that the unit being owner occupied? Thanks in advance for
your input.
Gourley Law Group
Snohomish Escrow
The Exchange Connection
1002 10th Street / PO Box 1091
Snohomish, WA 98291
360.568.5065
360.568.8092 fax
Craig at glgmail.com
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