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CT HB06662

Bill

Status

Passed

6/6/2013

Primary Sponsor

Judiciary Committee

Click for details

Origin

House of Representatives

2013 General Assembly

AI Summary

  • Extends the priority lien period for unpaid common expense assessments from six months to nine months, excluding late fees, interest, and fines from the calculation.

  • Requires associations to provide written notice to mortgage holders at least 60 days before foreclosing on a lien, including the amount owed, costs, contact information, and payment instructions.

  • Limits foreclosure actions to situations where the unit owner owes at least two months of common expense assessments and the executive board has voted to foreclose or adopted a standard foreclosure policy.

  • Establishes that failure to provide required notice to mortgage holders results in loss of attorney's fees and costs from the priority lien amount, though the nine-month assessment priority remains.

  • Allows mortgagees to collect assessments and related attorney's fees paid on behalf of mortgagors as part of the debt owed to the mortgagee.

Legislative Description

An Act Concerning The Recoupment Of Moneys Owed To A Unit Owners' Association Due To Nonpayment Of Assessments.

Last Action

Signed by the Governor

6/24/2013

Committee Referrals

Judiciary3/15/2013

Full Bill Text

No bill text available