Neighborhood disputes over covenant violations are never popular. Boards of directors for homeowners associations are often tasked with enforcing covenants containing restrictions on the use of land within the neighborhood. Sometimes residents fail to read the covenants and understand what they are agreeing to by purchasing property in a neighborhood with use restrictions. Typical HOA.
The 2013 session of the Nebraska Legislature saw a change in the law governing collection of homeowners association assessments. This applies to Nebraska townhome owners associations, condominium owners associations and traditional homeowners associations. In May, the Nebraska Legislature passed LB 442, which amends section 52-2001, 76-825, 76-842, 76-856, and 76-874 of the Nebraska Revised Statutes..
When you buy a house in a new subdivision or planned unit development, you may be subject to a host of rules and regulations. When you buy a home in a new subdivision, common interest development (CID), planned unit development (PUD), or co-op, chances are good that you also automatically become a member of an.
How do you pronounce the word “lien”? Attorney Ben Thompson has published an article providing a general overview of liens, including types of liens, sources of liens, and methods for enforcing liens. It also takes the position that “lien” should be pronounced with one syllable, not two. The articles is published in the May/June 2012 issue of The Nebraska.
How foreclosure procedures work, in both judicial and nonjudicial foreclosure states. Foreclosure happens when you fall behind on your house payments and your lender uses state procedures to sell your house. Foreclosure works differently in different states. In some states, the lender has to file a lawsuit to foreclose (judicial foreclosure), while in others, it.
At the 2011 Annual Real Estate Institute, hosted by the Nebraska State Bar Association’s Real Estate, Probate and Trust Law Section, Attorney Ben Thompson spoke on updates in the law governing sanitary and improvement districts (SIDs) and homeowners associations, including foreclosure of assessment liens arising by statute and under restrictive covenants. The seminar was held.