SB 913 Summary

• Condominium associations hold a lien on units for unpaid assessments and fines, enforceable through foreclosure like a mortgage or power of sale under chapter 443.

• Association liens have priority over most other liens except those recorded before the declaration, purchase money mortgages recorded before August 28, 2014, and mortgages recorded before assessments became due (with limited priority for up to six months of delinquent common expense assessments).

• Non-judicial foreclosure under chapter 443 eliminates the association's limited lien priority for common expense assessments.

• Associations may demand rental payments from tenants if the unit owner is delinquent more than 60 days; tenants are immune from owner claims for rent timely paid to the association after written demand is made.

• Associations must provide written statements of unpaid assessments within ten business days of request and may recover costs and reasonable attorneys' fees in collection actions.