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1997 SESSION

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SB 1135 Condominium and Property Owners' Association Act; lien.

Introduced by: Patricia S. Ticer | all patrons    ...    notes | add to my profiles

SUMMARY:

Liens of assessments; Condominium and Property Owners' Association Act. Authorizes condominium and property owners' associations to employ nonjudicial foreclosures for nonpayment of assessments in addition to the lien enforcement provisions already in the law. The bill sets out the procedure for the nonjudicial foreclosure sale of a condominium unit or lot in a property owners' association.


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