January 5, 2017

Washington Court of Appeals Issues Redemption Act Opinion

The Washington Court of Appeals recently issued a published opinion regarding the application of the Washington Redemption Act (RCW 6.23).  The Court held that "a condominium owner occupying the condominium as a residence at the time of a judicial foreclosure of a condominium lien has the right to possession during the redemption period, with no obligation to pay for the value of the occupation." However, the Court also noted that "nonjudicial foreclosure of the assessment lien is not subject to the right of possession."

Foreclosing a lien is a difficult decision.  My office can help your association evaluate its foreclosure options.