Re: assoc liens
Posted by Bob H on June 21, 2002 at 01:31:01:
In Reply to: assoc liens posted by robert on June 20, 2002 at 22:48:48:
: Does an association lien have any special priority or does its recording date establish its order of priority?
***********************************************It depends on several factors: Some association liens are perpetual liens, meaning the lien priority dates to the date of recording of the original declaration.
Also some states have enacted legistation that grants association liens status that is similar to property taxes as to survivability in a foreclosure situation.
Your best bet is to research your state statutes and read the CC& R's for the property in question, or call a real estate attorney in your area.
- assoc liens robert heyne 03:27:38 06/21/02
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- Re: Not a safe assumption Jim V 19:16:52 06/24/02
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- Re: Not a safe assumption Jim V 19:16:52 06/24/02
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