In his Foreclosure Litigation column, Bruce J. Bergman, a partner with Berkman, Henoch, Peterson, Peddy & Fenchel, writes that the pursuit by a condo board of its own lien foreclosure against an owner in default for neglect to pay common charges might seem futile and a waste of legal expense when the unit owner in this situation is likely to be in default of his mortgage as well. But the board's decision making process will benefit from further analysis.
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Effect of Foreclosure Delay on Condominium Liens
New York Law Journal
November 14, 2012
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