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    arcy1950's Avatar
    arcy1950 Posts: 2, Reputation: 1
    New Member
     
    #1

    Feb 20, 2008, 08:38 AM
    Homeowner's association liens
    There are several houses on our private road, and deeds include covenants that allow our
    "homeowners association" to assess for road maintenance, and stipulates a lien
    Can be placed on property for failure to pay. This ends up being about $ 75.00 per house
    Annually, and a one-time $ 150. Contribution at closing each time a property sells.
    A fairly small amount individually, except we have to cover and split for those hot contributing.
    Is there any way to attach a late penalty to lien-- or do we pay year after year
    While the "deadbeats" don't--with only a few hundred dollars in liens to pay back should
    They ever decide to sell--what will motivate them to pay their fair share annually?
    Any advice welcome!
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #2

    Feb 20, 2008, 08:50 AM
    I assume your association retains lawyers ? Is there any way to attach a late penalty to lien ;yes... the collection is the tricky part but I wouldn't wait until they sell and close to make them anti-up . They have to be treated like the welshes they are . Show them no mercy. I recall in my days of living in town houses that the monthy fees were always padded to cover for those who were in arrear . It was one of the most annoying line items on a budget that would annoy me anyway. Good luck .

    Make their lives miserable . Publish the names of those who are not paying up in a monthly newsletter (this works well if you are in a large homeowners association) .

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