Condo Owners Could Get Stuck with Others' Bills - Duh!
December 10, 2010 by David C. Swedelson
What happens when owners do not pay their assessments, default and then allow their property to be lost through foreclosure? The answer is clear; their former association does not have enough money to pay the bills and/or the other owners must cover the deficit. This was the subject of an LA Times article that many of you might find interesting.
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