Real Estate Law
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Good afternoon. Yes, the condo association can foreclose on a condo for unpaid assessments. This right is granted in Florida Civil Statute 718.116(6)(a) which provides as follows: "The association may bring an action in its name to foreclose a lien for assessments in the manner a mortgage of real property is foreclosed and may also bring an action to recover a money judgment for the unpaid assessments without waiving any claim of lien. The association is entitled to recover its reasonable attorney’s fees incurred in either a lien foreclosure action or an action to recover a money judgment for unpaid assessments."
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