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Priority of HOA liens in CA was changed in 05/00..

November 22, 2011 01:45PM
Quote
Lady Jane
In some States HOAs have "Super Lien" status (like property taxes), ahead of other mortgage debt. But not (yet) in CA. The HOA lobbyists have been trying to get this changed.

Jane,

Oddly enough, up until eleven years ago, CA did give HOA liens the "super priority" treatment (except for any 1st lien of record). However, a Court of Appeals decision [Thaler vs Household Finance] in May of 2000 (see http://www.findlaw.com/california/CA02_caselaw/5_2000ca.html) changed that situation so that now HOA liens acquire their priority just like all other recorded liens...as of when they were actually recorded.

So, I don't think it's likely in our lifetimes that the HOA's will be favored like they once were in CA.

--------------------------Ward

==============================



Edited 3 time(s). Last edit at 11/22/2011 04:49PM by Ward-CA.
Subject Author Views Posted

Recorded HOA Trustee's Deed Wiped Out???

Silverblue59 4942 November 17, 2011 08:49AM

You should have posted this 9 years ago...

Ward-CA 3065 November 17, 2011 02:49PM

Re: You should have posted this 9 years ago...

Silverblue59 2917 November 17, 2011 09:27PM

HOA SuperLien States.

Lady Jane 8729 November 20, 2011 07:57PM

Priority of HOA liens in CA was changed in 05/00..

Ward-CA 7133 November 22, 2011 01:45PM



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