Search results for: “hoa liens”
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Condo and Association Liens: How To Get Your Association Paid With A Lien
UPDATE: We apologize for any inconvenience, but zlien no longer offers assessment lien filling as of 2013. While you can use zlien to file a mechanics lien for construction projects on a condominium unit and/or building, zlien does not file HOA liens for unpaid dues. Condominium and Homeowner Associations are run by their communities. Property owners usually volunteer…
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Assignment of Mechanics Liens (But Not The Right to Lien)
Assignment of Mechanics Liens Scott recently responded to a reader’s question with a very informative blog post addressing the assignability of mechanic’s liens generally, and in Louisiana in particular. This is a short post addressing a point not raised by the reader’s question, but none-the-less related to mechanic’s lien and their assignment. The general rule,…
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Why Assessment Liens? The Basics.
Condominium and HOA (Homeowner Association) Assessment Liens are a powerful tool for condo and HOA boards to make sure dues and assessments get paid. An assessment lien encumbers the property so that the property cannot be sold, refinanced, or transferred without satisfying the lien, and this generally includes short sales. Further, besides encumbering the property,…
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“Super Priority” and Oregon Condominium Assessment Liens
In Oregon, the statutory language used in regard to condominium assessment liens, and HOA assessment liens is nearly a word-for-word match in most respects. One place where the controlling law has the potential to be quite different, however, is lien priority. In this respect, a condominium association has the opportunity to be in a much…
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What Is A Lien?
Lien. The word gets thrown around like a hot potato on a construction project. Here on this blog, I use the word constantly, and advocate that credit managers “file a lien” to protect a company’s rights to payment. But what exactly is it? How does it work? What does it do and not do? This…