NC Bill to Restrict HOA/Condo Collections Would Harm Associations & Owners
AMG
APRIL 29, 2023
In addition to placing further requirements on associations as to the collection of past due assessments, the proposal would prohibit the filing of a lien against an owner who fails to pay obligatory association assessments unless the amount is $2,500 “or one year of unit owners’ association assessments, whichever is lesser.”
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