The condo went into bank foreclosure some time back. It went through that, and is now completely Bank Owned. The bank has not been paying HOA dues for the past 20 months or so. Now I am looking at purchasing said condo. I have no problem paying the HOA fees due starting from when I take possession, but the built up back dues would be a sale killer for me. If I buy it, am I on the hook for those past dues? State: Oregon edited to add: my realtor says a title agent says that the hook goes, by law, to the bank, or potentially back to the original owner. But I would like answers from a less biased source.

Answer:
When you buy a house/condo, you are smart to purchase title insurance for the full amount of the house. The title company researches the title and promises to defend your title. A good real estate agent will ask the title company to check up on a homeowners association debt which may not be posted to the title yet. If your title insurance includes the homeowners association, then the bank or the title insurance company is on the hook. Most homeowners associations will sign a waver saying they won’t go after you for old debts. They just want you living in your condo, and paying the current bill. You moving in increases the value of the entire complex.

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