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AK HB312
Bill
Status
Introduced
2/17/2016
Primary Sponsor
Gabrielle LeDoux
Click for details
AI Summary
- Amends AS 34.08.040 to address assessment lien priority in common interest communities created before January 1, 1986
- Assessment liens governed by AS 34.08.470 take priority over deeds of trust or mortgages recorded on or after January 1, 1986
- Declarations prohibiting or conflicting with AS 34.08.470 do not invalidate the community declaration when assessment liens take priority
- Applies retroactively to pre-1986 common interest communities regardless of conflicting declaration language
Legislative Description
Common Interest Communities
Property
Last Action
REFERRED TO COMMUNITY & REGIONAL AFFAIRS
2/17/2016
Committee Referrals
Community & Regional Affairs2/17/2016
Full Bill Text
No bill text available