Forclosure and property liability

[jurgenator]

My condo is just about to be foreclosed upon. The auction date for the property is this month. Recently the HOA uncovered a leak from my property that damaged the outside wall that faces one of the walkways (it is not a shared wall with any other owner. Once the foreclosure process finalizes am I still liable to fix that property damage or does the responsibility lie with the new owner of the property?

Thanks

 

[army judge]

It depends if the HOA agreement is written to hold you personally liable.

Most HOA'S are crafty enough to make you personally liable.

Review your HOA agreement and by-laws.


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