V&T Investment Corporation v. West Columbia Condominium Association

Plaintiff, a real estate investment company, was foreclosure sale purchaser of condominium unit. Condo association issued a paid assessment letter, at Plaintiff’s request, stating total amount due. Plaintiff paid that amount under protest. First assessments came due the month after the foreclosure sale. Plaintiff’s payment of 1^st assessment was prompt, as it was made shortly after confirmation of sale, and thus their payment extinguished the prior section 9(g)(1) lien on the condo unit. Plaintiff had no obligation to pay any assessments that had accrued before it acquired title.Reversed and remanded for entry of judgment in favor of Plaintiff for a portion of payment it made under protest.  (CUNNINGHAM and DELORT, concurring.)