Milwaukee HOA and condo assessments are enforced under Wisconsin Stat. 703.16 for condos, which grants a statutory lien priority. Unpaid assessments can lead to foreclosure.
Wisconsin Stat. 703.16 gives condo associations a statutory lien on a unit for unpaid assessments, with six months of assessment liens ranking ahead of first mortgage liens in foreclosure. HOAs rely on their Declaration for lien authority plus general contract law. Assessments must be levied per the percentage of ownership interest or method in the Declaration. Late fees and interest up to 18 percent per year are common. Owners disputing assessments must typically pay under protest and pursue the dispute through mediation or circuit court. Association foreclosures proceed under Wis. Stat. Ch. 846.
Unpaid assessments accrue late fees plus interest up to 18 percent and can trigger lien foreclosure after demand notices.
Milwaukee, WI
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