Over $11,000 Collected for Association From A Tenant in a Foreclosure Case
Kaman & Cusimano recently collected over $11,000.00 for an association in a foreclosure action. To prevent the delinquent owner from collecting the rental payments from the tenant, the Court appointed a receiver to collect the payments directly from the tenant. For two years, the tenant remitted monthly rental payments totaling over $11,000.00 to the receiver until the delinquent account was paid in full. If your association has a delinquency and the home is occupied by a tenant, be sure to inform Kaman & Cusimano so that we may seek to have a receiver appointed to collect rents during the foreclosure process.