Property Liens and Foreclosures

Property liens are legal claims made by a Homeowners Association (HOA) against a property when the owner fails to pay dues or assessments. If these debts remain unpaid, the HOA can initiate foreclosure proceedings, potentially leading to the sale of the property to recover the owed amount. This process allows the HOA to enforce its financial policies and maintain the community's standards. Homeowners facing foreclosure should seek to resolve their debts early to avoid losing their property. Understanding these concepts helps homeowners navigate their responsibilities within an HOA.