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Why Assessment Liens? The Basics.

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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.


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Published In: Construction Law Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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