@TUGBrian @CalGalTraveler @Fredflintstone @pedro47 @COSkier1 @SNA27 @SteelerGal
This is the preliminary state TS Foreclosure/Deficiency/SOLs Laws Table, about 1/3 complete. Although 1/3 complete, I focused on noting states with any TS anti-deficiency treatment first. I note the following:
1) California, Florida, Maine, South Carolina, and Wisconsin provide anti-deficiency treatment for both defaulted MF and mortgages, although for the latter four states, one cannot object to a non-judicial foreclosure;
2) Colorado provides anti-deficiency treatment for defaulting MF (but not mortgage), and an objection may waive the anti-deficiency treatment;
3) Hawaii and Montana provide anti-deficiency treatment for defaulting mortgages (but not MF).
4) Illinois, Indiana, South Dakota, and Washington are permissive anti-deficiency states. IL, SD, and WA TS resorts may pursue: 1) non-judicial, anti-deficiency foreclosures, or 2) judicial, deficiency foreclosures. Maybe if in IL, SD, and WA, the TS owner only owes MF and with lawsuits being expensive, TS resorts might agree to non-judicial, anti-deficiency foreclosures. IN only has judicial foreclosures.
I'm hoping to try to finish this Table this next weekend.