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Updated over 9 years ago,
Updating the HOA When Purchasing a Subject To Deal
I have a subject to deal that has a home owners association. I wanted to know should I update the HOA and let them know that I am the new owner of the property. I am paying the fees, along with the mortgage, insurance and taxes. I wanted to know if I had to let them know so that they can register me as the new owner of the property. Will that activate the due on sale clause with the lender?