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Lien challenges: applying pressure doesn’t stop the bleeding

Author: 
Tony Bui
Publication date:
April 30, 2021
Article Summary: 

This blog post discusses the challenges that condominium corporations may face when attempting to recover outstanding condo fees through liens. The post notes that while liens can be an effective tool for recovering arrears, they can also be challenged by unit owners or mortgage lenders, which can result in delays and increased costs for the condo corporation. The post provides an overview of some common challenges to liens, such as errors in the registration process and disputes over the validity of the lien. The post also offers advice for condo corporations on how to minimize the risk of lien challenges and ensure a smoother lien recovery process.

Keywords: 

liens, condominiums, condo fees, arrears, challenges, unit owners, mortgage lenders, registration process, validity, recovery process.

Source Citation: 
Tony Bui
Lien challenges: applying pressure doesn’t stop the bleeding
April 30, 2021
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