lien question

Started by ValerieC • 4 replies • 1880 views

💬 Join us to post & get advice from 50,000 HOA & Condo leaders.

⚡ Takes 30 seconds

Already a member? Log in

ValerieC
Posts: 25

Posted:

What is the difference between a lien placed on a homeowner for failure to pay assessments and a lien placed due to fining for CC&R violations?
In NC the law says a violation lien can be forclosed on. I am not sure what that means.

BrianB
Posts: 2,787

Posted:

in arizona, liens cannot be placed for failure to pay fines, only for failure to pay dues and late penalties.

Not sure what your NC statute says or means, sorry.

JulieS
Posts: 411

Posted:

Our association in GA has placed liens for annual assessments (including late fees and fines)as well as violation fines.

LisaS
Posts: 340

Posted:

In our association in Illinois, our fines become an assessment if not paid when levied. We can then file a lien and foreclose if need be (although we have never foreclosed...)

RandyG
Posts: 9

Posted:

That means lien holder can take required steps to foreclose on property.

🎯 You've read this entire discussion

Join the conversation with 50,000 HOA & Condo Leaders:

✓ Ask follow-up questions
✓ Share your experience
✓ Get expert advice
✓ Access 350,000 discussions

Create Free Account →

⚡ Takes 30 seconds

Already a member? Log in here