The owner of a condominium unit learns that a neighbor has failed to pay his real estate taxes. If this neighbor does not pay the taxes
A) a lien can be filed against the condominium, including all of the units.
B) a lien can be filed against the neighbor's unit and his percentage of the common elements.
C) a lien can be filed only against the common areas of the condominium.
D) the taxing authority can order the condominium to be dissolved.
Answer: B) a lien can be filed against the neighbor's unit and his percentage of the common elements.
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Indicate whether the statement is true or false
A home equity loan may do all of the following except
A) give you a tax deduction if you itemize. B) increase your current purchasing power. C) increase your spending in the future. D) prevent you from achieving your financial goals.