condo I rent in Broward County FL in foreclosure if condo assc. closes 1st how long do I have to move with no lease.. if bank is 1st

Asked by topaz2508, 33025 Mon Aug 5, 2013

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Meir Aloni’s answer
Meir Aloni, Agent, Plantation, FL
Mon Aug 5, 2013
The only reason a condo Assoc. (usually) will take over a property is to make some money, for as long as possible, to recover as much as they can of late HOA payments, by renting it. So, you will be OK UNTIL the lender will take over (since the HOA will not have the money to pay on the lender loan). Once the lender takes over, unless they decide to rent it (not too often), you will have 60-90 days to vacate.


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GIRVAN C BIL…, Agent, PEMBROKE PINES, FL
Mon Aug 5, 2013
Different condo associations have different rules. I suggest you contact the association in question regarding your particular situation.
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