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1997 SESSION

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HB 2800 Condominium and Property Owners' Association Act; lien.

Introduced by: Brian J. Moran | all patrons    ...    notes | add to my profiles

SUMMARY:

Property and conveyance; Condominium and Property Owners' Association Act; lien priority. Authorizes condominium and property owners' associations to employ nonjudicial foreclosures for nonpayment of assessments to enforce the lien for unpaid assessments. The bill sets out the procedure for the nonjudicial foreclosure sale of a condominium unit or lot in a property owner's association.


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