File Code: Real Property
- Sponsored By:
-
Delegates Bobo, Perry, Donoghue, and Pendergrass
- Entitled:
-
Condominiums - Liens - Priority
Providing that, in the event of a foreclosure sale, a lien on a
condominium unit consisting 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 made in accordance with the annual budget of the council
of unit owners.
House Action
- 2/1
- First Reading Economic Matters
- 2/7
- Hearing 2/22 at 1:00 p.m.
- 3/19
- Unfavorable Report by Economic Matters
Senate Action
- No Action
- Sponsored by:
- Delegate Elizabeth Bobo, District 12B
- Delegate John P. Donoghue, District 2C
- Delegate Shane 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
- TAX SALES
- Bill affects the following Statute:
- Real Property
- (
11-110
)
- Bill Text:
- First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
Amendments:
None available
