Legal Question in Civil Litigation in Michigan
Foreclosure
Can a condominium association foreclose on a condo when you have a mortgage for the condo?
Asked on 4/13/07, 12:07 am
1 Answer from Attorneys
William Stern
William Stern, P.C.
Re: Foreclosure
The condo association can foreclose on the condo with a mortgage on it. The condo will be sold, the mortgage paid off and the condo lien paid. If there is anything left over, the condo owner gets it after paying costs, etc. William S. Stern
Answered on 4/13/07, 12:21 pm