Common Sense on Superpriority Liens
Tennessee politicians have seen through the phony HOA argument that their petty little fines for HOA violations do not give condo and homeowner association boards the right to declare that they can extinguish the existing mortgage and then make a killing selling unburdened properties.
The Nevada Supreme Court shocked the nation by giving HOAs such powers. But a new Tennessee law will guarantee that a little of the HOA abuse in that state will be reigned in. The link below gives the whole subject a new angle.
(link to the change in Tennessee law)
