File Code: Real Property
- Sponsored By:
-
Delegates Bobo, Goldwater, Perry, Pendergrass, Bozman,
B. Hughes, Patterson, Barve, Exum, Frank, and
Gordon
- Entitled:
-
Condominiums - Liens - Priority
Providing that, in a foreclosure sale, the portion of a lien on a
condominium unit that consists of not more than 6 months of unpaid
condominium assessments is prior to a first mortgage or deed of trust
if the assessments included in the lien are based on specified
expenses and in accordance with the annual budget adopted by the
council of unit owners; providing for the abrogation of the Act upon
the occurrence of a specified contingency; and providing for an
exception related to the State.
House Action
- 1/31
- First Reading Economic Matters
- 2/4
- Hearing 2/19 at 1:00 p.m.
- 3/20
- Favorable with Amendments Report by Economic Matters
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/21
- Third Reading Passed (94-39)
Senate Action
- 3/24
- First Reading Judicial Proceedings
- 3/25
- Hearing 4/2 at 1:00 p.m.
- 4/7
- Unfavorable Report by Judicial Proceedings
- Sponsored by:
- Delegate Elizabeth Bobo, District 12B
- Delegate Kumar P. Barve, District 17
- Delegate K. Bennett Bozman, District 38
- Delegate Nathaniel Exum, District 24
- Delegate Robert L. Frank, District 11
- Delegate Marilyn R. Goldwater, District 16
- Delegate Michael R. Gordon, District 17
- Delegate Brenda B. Hughes, District 25
- Delegate Obie Patterson, District 26
- Delegate Shane E. Pendergrass, District 13A
- Delegate Marsha G. Perry, District 33
- Bill indexed under the following Subjects:
- ASSESSMENTS
- CONDOMINIUMS
- FORECLOSURE
- LIENS -see also- MECHANICS' LIENS; SECURITY INTERESTS
- MORTGAGES
- Bill affects the following Statute:
- Real Property
- (
11-110
)
- Bill Text:
- First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
Amendments:
- House
- Number: 643062/1 (PDF) Offered on: MARCH 20, 1997 at: 11:13
Status: Adopted
