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Author Question: Deborah L. Furniss was the executrix and sole beneficiary of the estate of her mother, Brenda E. ... (Read 127 times)

karateprodigy

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on: Jun 24, 2018
Deborah L. Furniss was the executrix and sole beneficiary of the estate of her mother, Brenda E. Furniss, who owned a condominium at Coach Run Condominiums. With the issues of managing her mother's estate, Ms. Furniss failed to pay the association 6,017.88 in common charges and assessments. The association brought an action to foreclose on the Furniss unit. Discuss all the issues involved in foreclosure on such a unit for nonpayment of fees.

Question 2

If a share certificate is lost, destroyed, or stolen, the ownership of the shareholder is destroyed.
  Indicate whether the statement is true or false


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patma1981

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Reply #1 on: Jun 24, 2018
Answer to Question 1

Answer should include discussion of state limitations on foreclosure and that it is a foreclosure action, not an eviction. There could be defenses to nonpayment and foreclosure is a due process that is required before property ownership can be taken away.

Answer to Question 2

FALSE


karateprodigy

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Reply 2 on: Jun 24, 2018
Gracias!

peter

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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