When a condo. unit is foreclosure in Fl, will the HOA able to recover all the monthly fees and special assessment that were not

Your Association will probably not be able to recover all of the assessments/maintenance collected if a unit is foreclosed by the Mortgage company. If the mortgage is substantial such that the unit is "under water," the bank will take possession at the foreclosure sale. Under current state law, a bank that takes possession at a foreclosure sale is only required to pay 1% of the original loan amount or 6 months of past owed monthly assessments, whichever is less. if the amount owed to your association is greater there will be a shortfall that will not be recovered. If, on the otherhand there is equity in the unit and a third party purchases at the foreclosure sale, the proceeds will go first to pay the Mortgagee and then the Association. So if after the sale the mortgage company is made whole, and there are sufficient funds left over, the Association has a chance of being made whole as well. Unfortunately, the last scenario is a rare exception to the thousands of bank foreclosure in Florida.