LogFAQs > #980612026

Euripides posted...

What would they own, the mortgage? If a home owner owes the bank $400,000 on the house but loses it via lien, do you think the HOA is just going to own that mortgage and keep paying it?

Not sure how whatever the HOA would use would work, but a simplified (and as a disclaimer to be safe, likely not wholly accurate) way of how a mechanics lien works in such a case is: Mortgage is still in effect, the lien stays attached to the title until it is paid(usually by either title insurance if ownership is transferred), or factored in to the next sale price. Mechanics liens are involuntary unlike mortgages though, as said, not entirely sure what kind a HOA would use.

Edit: A cursory Google, looks like most of them are literally an agreement that the HOA can sell your house if violate rules/don't pay dues. Would wager unless it's pretty severe this isn't particularly common though. Still find it relatively fucking weird though.