3/7/2012 9:32:57 AM
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Section 5: OPA Board Subject: OPA Loses IRS Case Msg# 823914
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The OPA assessment is not a government tax. OPA is just another private creditor. Try again. | ||||||
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For reference, the above message is a reply to a message where: On the issue of getting a judgement against delinquent properties if the property is "underwater" and the mortgage holder takes it back it's my understanding that the mortgage holder is responsible for all unpaid taxes. Is there a Forum member that's a lawyer or real estate broker that might have a better understanding of the rules? I also believe if the property is sold the tax judgement must be cleared before transfer of the deed can be completed so either way we would get our money. One more thing, when word gets out that the association is hammering delinquent owners maybe a few of them will get religion and pay up. My point is we have to start somewhere and do something sooner rather than later, the current process isn't going anywhere. |
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