State Condo Law Controlled Purchase of Units

January 14, 2016
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Facts: Fifty-five units in a Missouri condominium complex went into foreclosure. Delinquent assessments and fines were due on all of the units. A corporation bought the units. It paid the assessments and fees that had accrued after the foreclosure and its purchase, but not before. The association later claimed that it had an assessment lien on all 55 units, because of the pre-purchase outstanding amounts.

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