Delinquent Assessment definition

Delinquent Assessment means any installment of any Assessment which is not paid within thirty (30) days after the date on which such installment is due and payable.
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Examples of Delinquent Assessment in a sentence

  • No action shall be brought to foreclose a lien until the lien is created by recording a Notice of Delinquent Assessment ("Notice").

  • If the Association has recorded a Notice of Delinquent Assessment and the lien is eliminated as a result of a foreclosure of a Mortgage or a transfer pursuant to the remedies provided in the Mortgage, the new Owner of the Parcel shall pay to the Association a pro-rata share of the Regular Assessment for each month remaining in the Association's fiscal year after the date of the foreclosure or transfer pursuant to the remedies provided in the Mortgage.

  • Prior to recording a Notice of Delinquent Assessment or Notice of Lien for Fines, the Association shall provide UAR with copies of its Articles of Incorporation, Bylaws, recorded Covenants, Conditions, and Restrictions (CC&Rs), and any amendments thereto.

  • Specifically, the Association expressly authorizes UAR to prepare and execute the: 1) Intent to Lien Letter, 2) Notice of Delinquent Assessment, 3) Notice of Fine Assessment, 4) Notice of Lien pursuant to NRS 116.310312, 5) Notice of Default and Election to Sell, 6) Intent to Notice of Sale, 7) Notice of Sale, 8) Foreclosure Deed, and/or 9) Sale Postponements.

  • The Notice of Delinquent Assessment shall be signed and acknowledged by at least four (4) Members of the Board of Directors.

  • All communication addressed to us should include your address and customer identification.

  • Delinquent Assessment Payments shall incur a late payment penalty of [ ] percent ([ ]%) of such amount, and interest shall accrue on delinquent balances (including principal, interest and fees), until paid in full, at the lesser of [ ] percent ([ ]%) per annum or the maximum per annum rate permitted by law.

  • Following the recording of the Notice of Delinquent Assessment, the Board may proceed with foreclosure of the lien provided for herein in the same manner as provided by the laws of the State of Missouri for foreclosure of a deed of trust with power of sale, or by appropriate action for judicial foreclosure and sale.

  • The assessment, interest, late charge and costs incurred, including attorney fees, shall be and become a lien upon the defaulting owner’s real property described in Attachments “I” as modified by Attachment “II” attached hereto, upon the recording in the office of the Santa Cruz County Recorder of Notice of Delinquent Assessment.

  • The dues or assessment, interest, late charge and costs incurred, including attorney fees, shall be and become a lien upon the defaulting owner’s real property described in Attachment “I” attached hereto, upon the recording in the office of the Santa Cruz County Recorder of Notice of Delinquent Assessment.

Related to Delinquent Assessment

  • Assessment roll means a permanent record of the assessment of property as

  • Assessment Report : means the assessment report referred to in Articles 32(2) and 33(3) of Regulation (EC) No 834/2007 drawn up by an independent third party fulfilling the requirements of ISO Standard 17011 or by a relevant competent authority, which includes information on document reviews, including the descriptions referred to in Articles 4(3)(b) and 11(3)(b) of this Regulation, on office audits, including critical locations and on risk-oriented witness audits conducted in representative third countries.

  • Delinquent Account means an account with charges for electric services that remain unpaid at least 5 days after the due date.

  • Phase I assessment as described in, and meeting the criteria of, (i) Chapter 5 of the FNMA Multifamily Guide or any successor provisions covering the same subject matter in the case of a Specially Serviced Mortgage Loan as to which the related Mortgaged Property is multifamily property or (ii) the American Society for Testing and Materials in the case of Specially Serviced Mortgage Loan as to which the related Mortgaged Property is not multifamily property.

  • Delinquent A Mortgage Loan is "delinquent" if any payment due thereon is not made pursuant to the terms of such Mortgage Loan by the close of business on the day such payment is scheduled to be due. A Mortgage Loan is "30 days delinquent" if such payment has not been received by the close of business on the corresponding day of the month immediately succeeding the month in which such payment was due, or, if there is no such corresponding day (e.g., as when a 30-day month follows a 31-day month in which a payment was due on the 31st day of such month), then on the last day of such immediately succeeding month. Similarly for "60 days delinquent," "90 days delinquent" and so on.