Delinquencies

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2015 Legislation - SB 290 - Serving Owners in Foreclosure Proceedings

Now a two-year bill, this legislation would allow the HOA to serve the owner by “substituted service,” a less restrictive process. ECHO supports this bill.

§5685 - Lien Release

  1. Within 21 days of the payment of the sums specified in the notice of delinquent assessment, the association shall record or cause to be recorded in the office of the county recorder in which the notice of delinquent assessment is recorded a lien release or notice of rescission and provide the owner of the separate interest a copy of the lien release or notice that the delinquent assessment has been satisfied.
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