Arkansas § 14-90-805 Preference of assessment

Arkansas Statutes

§ 14-90-805 — Preference of assessment

Arkansas § 14-90-805

Title14

This text of Arkansas § 14-90-805 (Preference of assessment) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 14-90-805 (2026).

Text

(a)An assessment shall be a charge and a lien against all the real property in a municipal improvement district from the date of an ordinance and shall be entitled to preference over all judgments, executions, encumbrances, or liens whenever created.

(b)The lien shall continue until the local assessment, including any penalty and costs that may accrue thereon, shall be paid. Provided, however, with the prior written approval of the board of improvement, the county clerk shall release from the lien of any assessment any lot, block, or tract with respect to which the assessment shall have been paid or prepaid.

(c)As between grantor and grantee, all payments not due at the date of the transfer of the real property shall be payable by the grantee.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) An assessment shall be a charge and a lien against all the real property in a municipal improvement district from the date of an ordinance and shall be entitled to preference over all judgments, executions, encumbrances, or liens whenever created. (b) The lien shall continue until the local assessment, including any penalty and costs that may accrue thereon, shall be paid. Provided, however, with the prior written approval of the board of improvement, the county clerk shall release from the lien of any assessment any lot, block, or tract with respect to which the assessment shall have been paid or prepaid. (c) As between grantor and grantee, all payments not due at the date of the transfer of the real property shall be payable by the grantee.

Legislative History

Acts 1881, No. 84, § 5, p. 161; 1899, No. 183, § 7, p. 323; 1901, No. 143, § 5, p. 264; C. & M. Dig., § 5667; Pope's Dig., § 7306; A.S.A. 1947, § 20-414; Acts 1991, No. 504, § 1.