delinquent assessments

What Is Delinquency Assessment?

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What Is Delinquency Assessment? Delinquent Assessments means, collectively, any and all installments of any Assessments which are not paid when due, including any applicable grace period under State law or District proceedings. What is an assessment fee? Assessment fees are payments the homeowners’ association (HOA) collects from owners to cover expenses the HOA is responsible

What Is An Assessment Lien?

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What Is An Assessment Lien? An assessment lien is a legal claim or “hold” on an owner’s unit or lot making the property collateral against delinquent assessments, whether regular or special assessments, owed to the association. … An assessment lien may be enforced in any manner permitted by law, including judicial foreclosure. What does it