HOA Liens and Foreclosure in Wisconsin
Whether a homeowners or condo association can foreclose on its lien for unpaid dues in Wisconsin, and the limits.
Short answer: Yes, for condominiums. Unpaid condominium assessments (with interest and actual collection costs) become a lien on the unit if a statement of condominium lien is filed with the clerk of circuit court within 2 years after the assessment is due. Wis. Stat. § 703.165
| HOA liens and foreclosure | Yes, for condominiums. Unpaid condominium assessments (with interest and actual collection costs) become a lien on the unit if a statement of condominium lien is filed with the clerk of circuit court within 2 years after the assessment is due. The association may foreclose the lien in the same manner, and subject to the same requirements, as a mortgage foreclosure, and may recover costs and actual attorney fees. A foreclosure action must be brought within 3 years after the lien statement is recorded, and only after 10 days' prior written notice to the unit owner by registered mail. Source: Wis. Stat. § 703.165 |
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More Wisconsin foreclosure & homeowner law
- How Foreclosure Works in Wisconsin
- Redemption and Deficiency Judgments in Wisconsin
- Getting Your Home Back After a Tax Sale in Wisconsin
- All Wisconsin foreclosure & homeowner law rules
FAQ
Can an HOA foreclose on your home in Wisconsin?
Yes, for condominiums. Unpaid condominium assessments (with interest and actual collection costs) become a lien on the unit if a statement of condominium lien is filed with the clerk of circuit court within 2 years after the assessment is due. The association may foreclose the lien in the same manner, and subject to the same requirements, as a mortgage foreclosure, and may recover costs and actual attorney fees. A foreclosure action must be brought within 3 years after the lien statement is recorded, and only after 10 days' prior written notice to the unit owner by registered mail.
General legal information, not legal advice. Laws change and local rules can differ; check the linked official source or talk to a lawyer about your situation.