JT-IN

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Posted by acw on November 19, 2009 at 14:10:19:
In Reply to: F.S. 718.116 (1)(b) posted by JT-IN on November 19, 2009 at 14:01:54:
Hi JT,
That paragraph applies "Only to the Mortgagee and its assignees." In other words if the bank takes the property back...they are limited to 1% of the original mortgage amount or 6mths HOA fees.
Anyone else has to pay the past due amounts.

Follow Ups:

And you know that how...? JT-IN 21:37:34 11/19/09 (13)

JT-IN acw 06:08:55 11/20/09 (12)

No, not in FL now, but... JT-IN 08:28:14 11/20/09 (11)

JT-IN acw 18:53:49 11/20/09 (10)

Well..... prolly not JT-INimit 21:22:03 11/20/09 (9)

Is there another possible play here? Kristine-CA 23:22:24 11/20/09 (8)

Re: Is there another possible play here? JT-IN 16:18:13 11/21/09 (2)

Re: Is there another possible play here? Kristine-CA 16:43:34 11/21/09 (1)

HOA strategies in today's mkt JT-IN 12:00:41 11/22/09 (0)

Re: Is there another possible play here? Natalie-VA 09:32:25 11/21/09 (4)

let the HOA do the work Kristine-CA 14:33:10 11/23/09 (2)

Re: let the HOA do the work Natalie-VA 09:21:20 11/24/09 (1)

Re: let the HOA do the work Kristine-CA 09:32:12 11/24/09 (0)

Natalie.... acw 06:19:20 11/22/09 (0)

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