LogFAQs > #980609400

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Topic	According to this reddit post, HOAs are being normalized.
divot1338 05/29/24 12:59:22 PM #185:	Euripides posted... Even if an HOA followed through on a lien against a property, the HOA doesn't "own" the house if the homeowner loses it. I suppose it depends on the amount of the lien but yeah a lien is collateral. They kind of do own it in the extreme case where they ran up a huge bill and then enacted the terms of the lien. --- Moustache twirling villain https://i.imgur.com/U3lt3H4.jpg- Kerbey <cite>divot1338 posted [p:980609400] in According ... [t:80778090]...</cite> <quote>Euripides posted... </cite><quote>Even if an HOA followed through on a lien against a property, the HOA doesn't "own" the house if the homeowner loses it.</quote>I suppose it depends on the amount of the lien but yeah a lien is collateral. They kind of do own it in the extreme case where they ran up a huge bill and then enacted the terms of the lien. --- Moustache twirling villainhttps://i.imgur.com/U3lt3H4.jpg- Kerbey</quote> ... Copied to Clipboard!
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