A HOA or Condo Association can file a foreclosure action against a property owner for multiple reasons. The most common reason in Florida is missed assessments. It is important to know that at all times interest, charges, and fees are likely accruing on your assessment balance so it is better to resolve your outstanding balance as soon as possible. If you have already missed an assessment, are at imminent risk of doing so, or have been served with a summons and complaint, do NOT panic. Although the Florida legislature authored statutes that are very friendly to both Association types, thereby affording the Associations the highest level of statutory protection, there are viable defenses and other options. We recommend contacting a competent HOA and/or Condo Association defense attorney with proven results to discuss your case and options.
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