Tag: right of redemption

Right of redemption expires when the sale of a tax-defaulted property begins

by Benjamin J. Smith | Dec 18, 2018 | Laws and Regulations, New Laws, Real Estate | 0

A new law clarifies the date an owner’s right to redeem a tax-defaulted property expires.

Is a foreclosure on a HOA assessment lien void if the owner is not informed of their 90-day post-sale right of redemption?

by Nicole Jessen | Oct 21, 2013 | Real Estate, Recent Case Decisions | 0

Facts: An off-site owner of property in a homeowners’ association (HOA) became delinquent on their monthly assessments. The HOA scheduled a nonjudicial foreclosure sale and notified the owner. The HOA later cancelled the scheduled foreclosure but conducted it on a later date without notifying the owner. The owner became aware of the foreclosure after the running of the 90-day post-sale right of redemption.