Assessment delinquencies undermine community budgets and operations. Pursuing collection and foreclosure protects financial reserves, promotes fairness among owners, and allows associations to address nonpayment through legal means that reinforce the governing structure.
Recording a Lien for Outstanding Dues
Associations can file a lien on a property when a unit owner neglects to pay common charges. That lien becomes a public record and obstructs any refinance, sale, or title transfer until it is resolved.
When Foreclosure Becomes Appropriate
While liens offer legal standing, they may not prompt repayment. Foreclosure allows the association to take further legal action—like a lender reclaiming a home—and is often necessary to recover what’s owed.