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Updated almost 7 years ago, 12/29/2017

User Stats

167
Posts
53
Votes
Mario Mormile
  • Investor/ Real Estate Agent
  • Burton, OH
53
Votes |
167
Posts

HOA association fees wiped out?

Mario Mormile
  • Investor/ Real Estate Agent
  • Burton, OH
Posted

Hi BP community-

When a condo is foreclosed on by the HOA and then goes to sheriff sale, are those fees wiped clean after the sale? This would pertain to Cleveland, Ohio (Cuyahoga County) in particular. From what I am reading every state has different laws about this. Thanks!

User Stats

538
Posts
298
Votes
Oren K.
  • Rental Property Investor
  • Toronto, Ontario
298
Votes |
538
Posts
Oren K.
  • Rental Property Investor
  • Toronto, Ontario
Replied

Mario,

Here is a nice summary of Ohio law with links to more information. 

https://www.nolo.com/legal-encyclopedia/ohio-hoa-f...

My reading is that yes, if an association (homeowner or condo) forecloses, it's lien is wiped out as well as every other lien below it. 

In all cases, consult a lawyer for something like this as it never as simple as an public internet article.

Oren

User Stats

2,081
Posts
856
Votes
Federico Gutierrez
  • Realtor
  • Cleveland, OH
856
Votes |
2,081
Posts
Federico Gutierrez
  • Realtor
  • Cleveland, OH
Replied
Originally posted by @Mario Mormile:

Hi BP community-

When a condo is foreclosed on by the HOA and then goes to sheriff sale, are those fees wiped clean after the sale? This would pertain to Cleveland, Ohio (Cuyahoga County) in particular. From what I am reading every state has different laws about this. Thanks!

 Your broker would be able to help you answer this question. I see your licensed so use the that resource too

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User Stats

72
Posts
14
Votes
Nina Ibrahimbegovic
  • Real Estate Professional
  • Clearwater, FL
14
Votes |
72
Posts
Nina Ibrahimbegovic
  • Real Estate Professional
  • Clearwater, FL
Replied

I know in Florida they’re not wiped out by the foreclosure. I know people who have gotten a 12k bill for the HOA fees unpaid by previous owner

User Stats

167
Posts
53
Votes
Mario Mormile
  • Investor/ Real Estate Agent
  • Burton, OH
53
Votes |
167
Posts
Mario Mormile
  • Investor/ Real Estate Agent
  • Burton, OH
Replied

@Federico Gutierrez I have had numerous conversations and haven't gotten a straight answer yet. If you have a resource I'm more than happy to contact them. Thanks