It Shall Set Forth The Name
Residential or commercial property and Conveyances" Subtitle IV. Common Interest Communities" Chapter 18. Residential Or Commercial Property Owners' Association Act" Article 3. Operation and Management of Association" § 55.1-1833. Lien for evaluations; foreclosure
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§ 55.1-1833. Lien for evaluations; foreclosure.
A. The association shall have a lien, as soon as refined, on every lot for unsettled assessments levied versus that lot in accordance with the arrangements of this chapter and all lawful provisions of the statement. The lien, when improved, shall be prior to all other subsequent liens and encumbrances other than (i) real estate tax liens on that lot, (ii) liens and encumbrances tape-recorded prior to the recordation of the statement, and (iii) sums overdue on and owing under any mortgage or deed of trust taped prior to the excellence of such lien. The arrangements of this subsection shall not affect the top priority of mechanics' and materialmen's liens. Notice of a memorandum of lien to a holder of a credit limit deed of trust under § 55.1-318 shall be offered in the very same style as if the association's lien were a judgment.
B.
Residential or commercial property and Conveyances" Subtitle IV. Common Interest Communities" Chapter 18. Residential Or Commercial Property Owners' Association Act" Article 3. Operation and Management of Association" § 55.1-1833. Lien for evaluations; foreclosure
Creating a Report: Check the sections you wish to appear in the report, then use the "Create Report" button at the bottom of the page to produce your report. Once the report is produced you'll then have the alternative to download it as a pdf, print or email the report.
§ 55.1-1833. Lien for evaluations; foreclosure.
A. The association shall have a lien, as soon as refined, on every lot for unsettled assessments levied versus that lot in accordance with the arrangements of this chapter and all lawful provisions of the statement. The lien, when improved, shall be prior to all other subsequent liens and encumbrances other than (i) real estate tax liens on that lot, (ii) liens and encumbrances tape-recorded prior to the recordation of the statement, and (iii) sums overdue on and owing under any mortgage or deed of trust taped prior to the excellence of such lien. The arrangements of this subsection shall not affect the top priority of mechanics' and materialmen's liens. Notice of a memorandum of lien to a holder of a credit limit deed of trust under § 55.1-318 shall be offered in the very same style as if the association's lien were a judgment.
B.