2007 Regular Session

SENATE BILL 605

File Code: Real Property Crossfiled with: HOUSE BILL 1018
Sponsored By:
Senator Forehand
Entitled:
Real Property - Priority of Liens - Condominium and Homeowners Associations

Synopsis:

Providing that condominium unit owners or lot owners within homeowners associations are liable for specified fees, assessments, and charges; authorizing a homeowners association to enforce the payment of specified fees, assessments, and charges by imposition of a contract lien under specified circumstances; providing that a specified portion of a condominium or homeowners association lien has priority over a first mortgage or deed of trust under specified circumstances; etc.

History by Legislative and Calendar Date

Senate Action
2/2
First Reading Judicial Proceedings
2/7
Hearing 2/20 at 1:00 p.m.
3/6
Unfavorable Report by Judicial Proceedings
House Action
No Action

Bill indexed under the following Subjects:

Assessments
Condominiums
Fees -see also- Devt Fees and Taxes; Reimbursement Rates
Foreclosure
Homeowners Associations
Liens -see also- Mechanics' Liens
Notices
Secretary of State

Bill affects the following Statutes:

Real Property
( 11-110 , 11B-115 , 11B-115 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered