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

Indiana § 32-28-14-5

• Jurisdiction: Indiana
• Title 32: PROPERTY
• Art. 28: LIENS ON REAL PROPERTY
• Ch. 14: Homeowners Association Liens

Text

(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.

Legislative History

As added by P.L.135-2007, SEC.3.