1999 Regular Session

SENATE BILL 336

File Code: Real Property Prior Year Introduction As: SB 202/98 - JPR
Sponsored By:
Senators Green, Forehand, Hogan, Currie, Exum, and Hollinger
Entitled:
Real Property - Priority of Liens - Homeowners Associations

Synopsis:

Providing that specified lot owners within homeowners associations are liable for specified charges and assessments; allowing homeowners associations to enforce the payment of specified assessments and charges by imposition of a contract lien under specified circumstances; providing that a specified portion of a homeowners association contract lien has priority over a first mortgage or deed of trust under specified circumstances; providing for the abrogation of the Act if a specified contingency occurs; etc.

History by Legislative Date

Senate Action
2/5
First Reading Judicial Proceedings
2/10
Hearing 3/16 at 1:00 p.m.
3/23
Unfavorable Report by Judicial Proceedings
House Action
No Action
Sponsored by:
Senator Leo E. Green, District 23
Senator Ulysses Currie, District 25
Senator Nathaniel Exum, District 24
Senator Jennie M. Forehand, District 17
Senator Patrick J. Hogan, District 39
Senator Paula Colodny Hollinger, District 11
Bill indexed under the following Subjects:
ASSESSMENTS
FEES -see also- DEVELOPMENT FEES AND TAXES
HOMEOWNERS ASSOCIATIONS
LIABILITY -see also- GOOD SAMARITAN
LIENS -see also- MECHANICS' LIENS; SECURITY INTERESTS
MORTGAGES
REAL PROPERTY
Bill affects the following Statutes:
Real Property
( 11B-114 , 11B-114 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)

Amendments: None offered