What sort of “address notice” should the HOA maintain on file with the appropriate County authorities so that other creditors notify the association of foreclosure action?
In order to ensure your community association receives notices of foreclosures on homes located in your association, the association should take the following steps: i. Seek the assistance of qualified legal counsel. ii. A notice of address should be recorded in the public records at the County Clerk and Recorder’s Office of the County where your association is located that provides notice of the address where your association will receive notices of foreclosure per the Declarations. iii. Your association should determine where the association would like to receive notices of foreclosure. (Associations may prefer the community manager and/or legal counsel to receive such notices.) iv. Upon the first indication of an owners problem in paying assessments on a timely basis, and consistent with the association’s collection policy, a Notice of Assessment Lien that includes the associations address should be recorded. v. Liens in your association records for past due assessments should inclu
