Some people have a funny habit of not always wanting to pay for things. People with parking tickets tend to let them accumulate, and Seattle has taken to "booting" cars with a large number of outstanding parking tickets.
In the same way, a condo association has no legal right to garnish your wages, but they do have the legal right to place a lien on your property for unpaid condo fees, and to foreclose on that lien at their pleasure.
All the best, and stay current . . .
So yes a condo association can foreclose and quite frankly sometimes they do!
Failing to take the appropriate steps could jeopardize the priority lien so most Associations will foreclose but the banks step up first to protect their collateral interests. If the Association doesn't take the steps the other owners could be left paying the lost fees which would be a breach of the Trustees fiduciary duties to the owners. The trust doesn't have much of a choice but to take the necessary steps. Also, the legal fees in collection actions are a priority fee too. It really benefits all the owners in a community. Many condominium associations in states without a priority lien are struggling to pay their bills because of the excessive delinquencies.
The link is an article on the priority lien. (No affiliation to the firm)
Eli Givoni, Director
Short Sale Department, LLC
Serving all 50 states
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Short Sale Department, LLC is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit.
Is it that you are on the board of an association and want to know how the procedure works? Or are you not paying your home owner fees? If you are on the board, hire an attorney, if you are not paying hire an attorney, but your rights are spelled out and unless you become current or work out a payment plan, pack your bags.
You want the association to maintain the property and fix things as needed, money is required for that. The board also has the right to charge a special assessement if the cost exceeds the reserve in the bank.