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Sheriff Sale and Monthly Maintenance Fees

By A. Christopher Florio on September 13, 2004
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Micheve, L.L.C. v. Wyndham Place at Freehold Condominium Association

For the second time in four years, the New Jersey Appellate Division has ruled that for the purpose of establishing an obligation to pay monthly maintenance fees, HOA fees, special assessment fees, and/or other condo fees arising from a sheriff sale, it should be based upon the date that the sheriff’s deed was executed and delivered to the successful bidder at the sheriff’s sale.

Photo of A. Christopher Florio A. Christopher Florio

A. Christopher Florio is a Shareholder and Chair of the Community Associations Group. Mr. Florio has substantial experience in the negotiation of loan transactions, collections, workouts, and real estate law, including foreclosures.

Read more about A. Christopher FlorioEmail
  • Posted in:
    Real Estate & Construction
  • Blog:
    New Jersey Law Blog
  • Organization:
    Stark & Stark
  • Article: View Original Source

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