New Unit Owner on Hook for Existing Special Assessment Debt

Facts: Condominium unit owners owed several thousand dollars in unpaid assessments, including their share of the cost of a special assessment. The special assessment could be paid by unit owners in a lump sum or split into a several-year monthly payment plan. The unit owners had opted for the payment plan. The unit went into foreclosure and a board member bought it. Under the bylaws, outstanding amounts for unpaid assessments were transferable to new unit owners. The member refused to pay the monthly special assessment amounts. The association sued her.

The resource you requested is available only to current members.  

Please log in or start your membership account.

Member Log In

Trouble Logging In?
Reset your password. Or contact us

Need to Renew Your Membership?
If your membership has expired and you wish to renew, visit the Membership Renewal Page.

Sign up for your free trial membership and access this resource now. 

Community Association Management Insider helps community association managers keep their co-ops, condominiums, and homeowner’s associations running effectively and within budget — and all in the bounds of state, local, and federal law, as well as their governing documents.

Click here for quick FREE trial sign-up.

As a member, you get:

  • Model tools, such as letters to members, bylaws, and contractor agreements
  • Step-by-step management techniques
  • Updates on new laws and court cases that impact you
  • Easy-to-implement solutions to managers' thorniest challenges.

Community Association Management Insider will show you how to:

  • Avoid liability and get indemnity
  • Effectively and economically manage maintenance and repairs
  • Get better deals from contractors
  • Get the right insurance coverage
  • And much, much more

Sign up for your free trial membership and access this resource now »