Consequences of Homeowners’ Association Maintenance Arrears on Third-Party Purchasers at Sheriff’s Sales
Posted January 4, 2010 • • PublicationsPosted by Adam S. Kessler, Esq. (Published in New Jersey Law Journal)
New Jersey case law holds that unpaid maintenance assessments and late charges assessed by a homeowners' assocation survive a foreclosure judgment and a sheriff's sale if recorded bylaws and deed convenants of the homeowners' assocation state that such obligation follows a subsequent owner.