2011 Regular Session

SENATE BILL 946

File Code: Real Property Prior Year Introduction As: HB 842/10 - ENV Crossfiled with: HOUSE BILL 1246
Sponsored By:
Senators Mathias and Manno
Entitled:
Condominiums and Homeowners Associations - Priority of Liens - "The Residential Association Sustainability Act of 2011"

Synopsis:

Providing that, in the case of a foreclosure on a mortgage or deed of trust on or for a condominium unit, the portion of a lien on the condominium unit that represents up to 6 months of specified unpaid assessments, including specified fees and costs, has priority over a first mortgage or deed of trust under specified circumstances; providing that lot owners in a homeowners association are liable for specified assessments and charges; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
3/1
First Reading Senate Rules
3/7
Re-referred Judicial Proceedings
House Action
No Action

Sponsored by:

Senator James N. Mathias, Jr., District 38
Senator Roger P. Manno, District 19

Bill indexed under the following Subjects:

Assessments
Condominiums
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates.
Foreclosure
Homeowners Associations
Liability -see also- Good Samaritan
Liens -see also- Mechanics' Liens
Mortgages
Notices
Secretary of State

Bill affects the following Statutes:

Real Property
( 11-110 , 11B-117 , 11B-117 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered