Loading chat...
ID H0318
Bill
AI Summary
-
Assessment liens from ground water districts become superior to mortgage or deed of trust liens starting January 1 of any year, regardless of whether the mortgage or deed of trust was recorded first
-
Mortgage or deed of trust holders must receive notice of assessment delinquency at least 60 days before any foreclosure sale of the property
-
Assessment liens remain in place until assessments are paid or the property is sold to satisfy the lien
-
Purchasers of property sold for lien payment take the property subject to any annual assessments levied by the district after the assessment for which foreclosure occurred
-
The section does not alter or affect liens held by other water-related districts or entities authorized under Idaho law
Legislative Description
Amends existing law relating to ground water districts to provide for the priority of certain liens, to clarify reference to certain liens, to provide that certain liens shall constitute such liens until paid and to provide that upon the sale of the property for payment of a lien the purchaser shall take the property subject to certain annual assessments and to provide that specified provisions shall not alter or affect certain liens.
GROUND WATER DISTRICTS
Last Action
Governor signed Session Law Chapter 325 Effective: 07/01/11
4/11/2011