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lien

Date: Sun, 09/27/2009 21:14
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The condominium holds a lien on a property, the owner owes 1 1/2 year of maintance fees and assesments (never answer our letters). Now, this person wants to negotiate and is asking us to release the lien. We are afraid that as soon as we accept to negotiate and release the lien, this person will stop paying (as done in the pass) and we will end up lamenting our decision. What do you suggest?




I wouldnt release the lien...it is your trump card.

You probably should be talking to a real estate attorney.

Sub: #1 posted on Thu, 10/01/2009 - 08:24

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