Goose Creek, SC asked in Foreclosure and Real Estate Law for New Jersey

Q: Condo (NJ) sold in sheriff's sale 2 months ago, who is responsible for HOA fees until new deed is recorded?

If my condo sold in a sheriff's sale 2 months ago, am I responsible for HOA fees until a new deed is recorded or am I absolved because the condo was sold? A new deed hasn't been recorded yet.

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1 Lawyer Answer
Leonard R. Boyer
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Answered
  • Foreclosure Defense Lawyer
  • Clifton, NJ
  • Licensed in New Jersey

A: Once a sheriff sale occurs your ownership is terminated. To properly answer your questions and address your concerns, the best way to handle this is with an in person consultation with an experienced Bankruptcy attorney. Your credit is already ruined and a Bamkruptcy will eliminate any potential problems. Good luck.

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