Monday, March 12, 2012

Covenants you were to be given at closing.

Please check the covenants you should have been given at your closing. Were you "informed in writing" at closing?  

Title 60. Property
Oklahoma Statutes   Title 60.  Chapter 17,   Section 852,  paragraph C"
 No lien may be placed or mortgage foreclosed unless the homeowner was informed in writing upon joining the owners association of the existence and content of the owners association restrictions and rules, and of the potential for financial liability to the individual owner by joining said owners association.

If you did not receive the information in writing does it look like (from the paragraph above) that you can or cannot be liened? Should you receive a lien does it not appear that it might fall under "Slander of Title? (Oklahoma State law allows for treble damages to be collected.)



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