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Old 04-06-2015, 04:55 PM   #33
JDeere
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Default Liablity

Quote:
Originally Posted by Shreddy View Post
Easy - past due balances accumulate with compounding interest. Once the outstanding balance hits a certain amount, a lien goes on the property. Ultimately, when the property is privy to a transaction the association will collect past dues based on the lien As such, don't NOT pay.
My questions were about liability and not about payments. I really do not know much about associations and what little I do know I have heard from friends that they are best avoided. I do know that in the state of NH that unless your deed includes the association the association cannot simply place a lien on your property. To do so would be a criminal violation. They would first have to go to court and get a judgement ad then ask the Judge for the lien.
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