Assessment lien definition

Assessment lien means a lien on property within an assessment area that arises

Assessment lien means a lien on property within an assessment area that arises from the levy of an assessment, as provided in Section 11-42-501.

Assessment lien means a lien placed upon certain real property for its proportionate share of costs incurred in the construction of the sewer system or for the connection of the property to the sewer system.

Examples of Assessment lien in a sentence

• Sale or transfer of any Lot shall not affect the Assessment lien.

• Where foreclosure of the Assessment lien in favor of the Association against a Property, together with pursuit of personal judgment against the Owner, is determined to be advisable, the Board will direct counsel to proceed accordingly.

• To the extent permitted by law, the Assessment lien shall remain valid, until and unless the lien is released or satisfied in the same manner provided by the law of the State for the release and satisfaction of mortgages on real property, or unless the lien is discharged by the final judgment or order of any court having jurisdiction.

• The interest of any Owner in such proceeds shall not be distributed to such Owner except upon the prior payment in full of any Assessment lien or lien of a Lender encumbering such proceeds.

• Fines will be the personal obligation of the Owner and will be secured by the Assessment lien, and collectible in the same manner as the lien for Assessments described in Article VI of this Declaration.

More Definitions of Assessment lien

Assessment lien means the lien created and imposed by Article 7.

Assessment lien means the lien granted to the Association by the Condominium Act to secure the payment of Assessments, monetary penalties and other charges owed to the Association.

Assessment lien means a lien on a tract in an improvement district created by resolution of the urban district to secure the payment of an assessment levied against that tract, as provided in section 32-11-645.

Assessment lien means the lien granted to the Association by this Declaration to secure the payment of Assessments and all other amounts payable to the Association under the Project Documents.

Assessment lien means any lien that attaches, by operation of Section 2187 of the California Revenue and Taxation Code, to the fee interest in real property.

Assessment lien means the voluntary Assessment lien levied against a Qualifying Commercial or Industrial Real Property as security for the C-PACE Financing, which (A) is of co-equal priority with other assessments and any Real Estate Tax lien; (B) as to the current C-PACE Installment Payment that is due and any Delinquent C-PACE Payments, is senior to (i) all previously recorded senior liens, provided a Lender Consent is recorded for each such senior lien; (ii) shall run with title to the property and shall not be extinguished by a foreclosure; and (iii) is evidenced by the C-PACE Certificate, as may be amended and assigned from time to time in accordance with this C-PACE Assessment and Financing Agreement.

Assessment lien means: (a) a lien for delinquent assessments as provided in ss. 721.16 and 718.116 as to timeshare condominiums; or (b) a lien for unpaid taxes and special assessments as provided in s. 192.037(8).