LA SR18

Requests the Louisiana State Law Institute to study whether condominium association debts should be an exception to the state's homestead exemption from seizure

Current Louisiana homestead exemption protects up to $35,000 in home value from seizure and sale, with limited exceptions for catastrophic illness or injury obligations

Condominium associations currently have a privilege (lien) on units for unpaid assessments, fines over $250, and interest, but cannot pierce homestead protection to force a sale

The privilege ranks below only prior-recorded liens, mortgages, property taxes, and governmental assessments, and lasts five years from recordation

Study would evaluate feasibility of allowing homestead seizure specifically for unpaid or accelerated costs under the Louisiana Condominium Act