Condominium and Property Owners' Association Acts; foreclosure on lien for unpaid assessments. (HB412)

Introduced By

Del. Vivian Watts (D-Annandale)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Condominium Act; Property Owners' Association Act; foreclosure on lien for unpaid assessments; priority of certain liens.  Provides that a property owner or condominium association may conduct a foreclosure sale on a lien for unpaid assessments subject to the lien of a first trust. The bill also provides that such portion of the unpaid assessments due and owing the association for a period not to exceed three years that is directly attributable to providing the maintenance and upkeep of the common areas and such other areas of association responsibility expressly provided for in the declaration, including capital expenditures, shall be prior to all other liens and encumbrances, except real estate taxes. The bill contains technical amendments. Read the Bill »


Bill Has Failed


01/10/2012Prefiled and ordered printed; offered 01/11/12 12101784D
01/10/2012Referred to Committee for Courts of Justice
01/13/2012Assigned Courts sub: Civil
02/01/2012Subcommittee recommends laying on the table
02/14/2012Left in Courts of Justice