Iowa § 499B.17 Lien against owner of unit

Iowa Statutes

§ 499B.17 — Lien against owner of unit

Iowa § 499B.17

Title XIIBUSINESS ENTITIES

Ch. 499BHORIZONTAL PROPERTY (CONDOMINIUMS)

This text of Iowa § 499B.17 (Lien against owner of unit) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 499B.17 (2026).

Text

All sums assessed by the council of co-owners but unpaid for the share of the common
expenses chargeable to any apartment shall constitute a lien on such apartment prior to all
other liens except only tax liens on the apartment in favor of any assessing unit and special
district and all sums unpaid on a first mortgage of record. Such lien may be foreclosed
by suit by the council of co-owners or the representatives thereof, acting on behalf of
the apartment owners, in like manner as a mortgage of real property. In the event of any
such foreclosure, the apartment owner shall be required to pay a reasonable rental for
the apartment if so provided in the bylaws, and the plaintiff in such foreclosure shall be
entitled to the appointment of a receiver to collect the same. The council of co-owner

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

All sums assessed by the council of co-owners but unpaid for the share of the common
expenses chargeable to any apartment shall constitute a lien on such apartment prior to all
other liens except only tax liens on the apartment in favor of any assessing unit and special
district and all sums unpaid on a first mortgage of record. Such lien may be foreclosed
by suit by the council of co-owners or the representatives thereof, acting on behalf of
the apartment owners, in like manner as a mortgage of real property. In the event of any
such foreclosure, the apartment owner shall be required to pay a reasonable rental for
the apartment if so provided in the bylaws, and the plaintiff in such foreclosure shall be
entitled to the appointment of a receiver to collect the same. The council of co-owners or the
representatives thereof, acting on behalf of the apartment owners, shall have power, unless
prohibited by the declaration, to bid in the apartment at foreclosure sale, and to acquire and
hold, lease, mortgage and convey the same. Suit to recover a money judgment for unpaid
common expenses shall be maintainable without foreclosing or waiving the lien securing
the same.