Towne Realty, Inc. v. Edwards

This case involves the construction and application of sec. 703.16(6), Stats., governing the priority of condominium association liens. Towne Realty, Inc., brought this action to foreclose on property secured by a land contract. Towne appeals from the trial court's "Order Confirming Sale and Judgment" to the extent that it preserves the lien rights of Jade Gardens Owners Association in the subject property. Because we conclude that under sec. 703.16(6) a land contract vendor's lien has priority over a condominium association's lien for unpaid assessments, we reverse and remand this case to…