Betina Foreman, Realtor Austin Texas
If it is a true CONDO, the ownership of the land is a cooperative ownership. Therefore if the complex is in legal suit or a lien has been placed again the cooperative, the individual unit is affected. However, condo can be a misleading term applied to different styles of home. (Town house, condo, etc...)
Check out this link, it might help ;
The type of ownership held of the land/common area/unit /walls must be determined before you can decide what the specific ownership vulnerabilities are in regards to foreclosure.