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

• The Property Owner has read the CoPACE Act and covenants and agrees to comply in all respects with the provisions of the CoPACE Act, including but not limited to the following: The CoPACE Financing levied pursuant to the CoPACE Act and this Agreement, and payment thereof (together with the interest, fees and any penalties thereon) shall constitute an Assessment Lien against the Property until paid in full.

• The Property Owner acknowledges and agrees that (i) the Assessment Lien against the Property shall run with the title to the Property and automatically bind all successor owners of the Property until paid in full, and (ii) the CoPACE Financing and Assessment Lien may not be prepaid in whole or in part except as set forth in the Terms of Financing attached hereto as Schedule II.

• The Parties acknowledge and agree that if a variable interest rate is utilized, the annual amortized payment associated with the Assessment Lien will likely change over the term of the CoPACE Financing.

• The Property Owner shall pay when due all taxes, assessments (including the Assessment Lien), water charges, sewer charges and all other charges levied on or against the Property, and upon written request, submit to the District and the Capital Provider official receipts evidencing such payments.

• THE FINANCING CoPACE Financing of New Energy Improvements; Assessment Lien.

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 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 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: (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), F.S.