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NEWS

Case Law Update: Payment of Less than All Outstanding Condo Assessments Does Not Extinguish an Association's Lien

The Illinois appellate court's decision in Hometown Condominium Association No. 2 v. Saleem Mohammed, 2018 IL App (2nd) 171030, provides further insight into the steps needed to be taken by a judicial foreclosure sale purchaser to exterminate a condominium association's assessment lien. Specifically, the court held that failure to pay the entire balance of post-sale assessments will not extinguish the association's lien, even if the amount tendered would cover all of the past-due, pre-sale assessments.

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