Indiana § 32-28-14-5 Homeowners association lien; notice of lien requirements

Indiana Statutes

§ 32-28-14-5 — Homeowners association lien; notice of lien requirements

Indiana·Title 32 PROPERTY·Art. 28 LIENS ON REAL PROPERTY·Ch. 14 Homeowners Association Liens

(a)All sums assessed by a homeowners association but unpaid for the share of the common expenses chargeable to an owner of real estate in a subdivision constitute a homeowners association lien on the real estate effective as provided in section 6 of this chapter.

(b)The priority of a homeowners association lien is established on the date the notice of the lien is recorded under section 6 of this chapter.

(c)A notice of lien may not be recorded under subsection (a) unless the notice of lien:

(1)contains:

(A)the name and address of the homeowners association;

(B)the address and legal description of the property that is subject to the lien;

(C)the name of the owner of the property that is subject to the lien; and

(D)the amount of the lien; and

(2)is:

(A)signed by an officer of the h

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(a) All sums assessed by a homeowners
association but unpaid for the share of the common expenses
chargeable to an owner of real estate in a subdivision constitute a
homeowners association lien on the real estate effective as provided in
section 6 of this chapter.
(b) The priority of a homeowners association lien is established on
the date the notice of the lien is recorded under section 6 of this
chapter.
(c) A notice of lien may not be recorded under subsection (a) unless
the notice of lien:
(1) contains:
(A) the name and address of the homeowners association;
(B) the address and legal description of the property that is
subject to the lien;
(C) the name of the owner of the property that is subject to the
lien; and
(D) the amount of the lien; and
(2) is:
(A) signed by an officer of the homeowners association; and
(B) acknowledged as in the case of deeds.

Indiana § 32-28-14-5 (Homeowners association lien; notice of lien requirements) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.