Oregon Notice of Lien to a Subdivision Lot Owner For Unpaid Assessment

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Description

A subdivision is the development and division of a lot, tract, or parcel of land into two or more lots, plats, sites, or otherwise for the purpose of establishing or creating a subdivision through sale, lease, or building development. The developer will generally file a document called a Declaration of the Covenants and Restrictions of (Name of Subdivision). This Declaration is normally filed in the land records of the county where the subdivision is located, and will contain regulations regarding the administration and maintenance of the property, including payment of assessments by the owners.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

In a super lien state like Florida, the HOA gets paid first, the lender second, and if there is anything left, other junior lien holders are paid off. If the lender doesn't realize sufficient funds from the value of the property, they are going to be left short-changed, a reality that is exacerbated by an HOA lien.

Super Lien The state of Oregon does grant priority to mechanic's liens when labor is provided. If you've provided labor on a project, you will only need to follow Oregon's rules for filing to be granted priority.

An HOA in Oregon can foreclose on a home within its community. HOAs have the power to place a lien on a property when the owner neglects to pay their dues. If a lien goes unresolved, the HOA can foreclose on the house.

No lien for materials or supplies shall have priority over any recorded mortgage or trust deed on either the land or improvement unless the person furnishing the material or supplies, not later than eight days, not including Saturdays, Sundays and other holidays as defined in ORS 187.010 (Legal holidays), after the ...

Statute of Limitation on Tax Collection However, the statute of 10 years limitation on judgment liens begins to run on a tax lien as soon as the tax warrant is filed pursuant to ORS 314.430. Such lien may be renewed by court order without loss of priority.

Section 87.035 - Perfecting lien; filing claim of lien; contents of claim (1) Every person claiming a lien created under ORS 87.010(1) or (2) shall perfect the lien not later than 75 days after the person has ceased to provide labor, rent equipment or furnish materials or 75 days after completion of construction, ...

Yes. Oregon is a super lien state. An HOA's assessment lien on a lot in Oregon has priority, up to a specified amount, over the liens created by a lender's earlier-filed first mortgage.

Because California is not a super lien state, a bank foreclosure will take priority over a community association's lien and does not require the lender to provide any compensation to the association for unpaid assessments.

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Oregon Notice of Lien to a Subdivision Lot Owner For Unpaid Assessment