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The Davis–Stirling Common Interest Development Act is the popular name of the portion of the California Civil Code beginning with section 4000, [ 1 ] which governs condominium, cooperative, and planned unit development communities in California. Contrary to what the title of the Act suggests, the bill was authored/drafted by University of San ...
NC rules make it easy for HOAs to foreclose on homeowners. State law allows them to force the sale of homes for any amount of unpaid dues, no matter how small. Our investigation shows how often it ...
In 2021, the most recent data shows, there were more than 10,000 associations in the state, with over 2.4 million people living in them. This means homeowners associations, commonly referred to as ...
Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. [1][2] Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower ...
t. e. A partition is a term used in the law of real property to describe an act, by a court order or otherwise, to divide up a concurrent estate into separate portions representing the proportionate interests of the owners of property. [1] It is sometimes described as a forced sale.
An expert from a housing counseling agency can guide you as you try to work with your mortgage company to avoid foreclosure. You can find a local HUD-approved expert online, or call HUD’s Office ...
A homeowner association [or homeowners' association (HOA), sometimes referred to as a property owners' association (POA), common interest development (CID), or homeowner community], is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents.
America's home foreclosure crisis may have faded from the front-page headlines, but that doesn't mean the problem has gone away. Consider the situation in Modesto, California, a city of more than ...