NC H175

Prohibits homeowner associations from foreclosing on association assessment liens in both condominium (47C-3-116) and homeowners association (47F-3-116) contexts.

Permits associations to pursue civil actions in court to collect unpaid assessments instead of foreclosure, with judgments including costs and reasonable attorneys' fees for the prevailing party.

Requires associations to mail notice of assessments at least 15 days before filing a lien and provide written notice of intent to seek attorneys' fees and court costs, with a 15-day payment period to avoid these additional charges.

Allows associations to agree to accept installment payments for outstanding balances, with reasonable administrative and attorneys' fees permitted in installment schedules.

Effective October 1, 2013, applying to all association assessment liens filed on or after that date.