Utah Code § 57-8a-301

Current through the 2024 Fourth Special Session
Section 57-8a-301 - Lien in favor of association for assessments and costs of collection
(1)
(a) Except as provided in Section 57-8a-105, an association has a lien on a lot for:
(i) an assessment;
(ii) except as provided in the declaration, fees, charges, and costs associated with collecting an unpaid assessment, including:
(A) court costs and reasonable attorney fees;
(B) late charges;
(C) interest; and
(D) any other amount that the association is entitled to recover under the declaration, this chapter, or an administrative or judicial decision; and
(iii) a fine that the association imposes against a lot owner in accordance with Section 57-8a-208, if:
(A) the time for appeal described in Subsection 57-8a-208(5) has expired and the lot owner did not file an appeal; or
(B) the lot owner timely filed an appeal under Subsection 57-8a-208(5) and a court issued a final order upholding a fine imposed under Subsection 57-8a-208(1).
(b) The recording of a declaration constitutes record notice and perfection of a lien described in Subsection (1)(a).
(2) If an assessment is payable in installments, a lien described in Subsection (1)(a)(i) is for the full amount of the assessment from the time the first installment is due, unless the association otherwise provides in a notice of assessment.
(3) An unpaid assessment or fine accrues interest at the rate provided:
(a) in Subsection 15-1-1(2); or
(b) in the declaration, if the declaration provides for a different interest rate.
(4) A lien under this section has priority over each other lien and encumbrance on a lot except:
(a) a lien or encumbrance recorded before the declaration is recorded;
(b) a first or second security interest on the lot secured by a mortgage or trust deed that is recorded before a recorded notice of lien by or on behalf of the association; or
(c) a lien for real estate taxes or other governmental assessments or charges against the lot.
(5) A lien under this section is not subject to Title 78B, Chapter 5, Part 5, Utah Exemptions Act.
(6) Unless the declaration provides otherwise, if two or more associations have liens for assessments on the same lot, the liens have equal priority, regardless of when the liens are created.

Utah Code § 57-8a-301

Amended by Chapter 401, 2023 General Session ,§ 81, eff. 7/1/2024.
Amended by Chapter 116, 2014 General Session ,§ 4, eff. 5/13/2014.
Amended by Chapter 95, 2013 General Session ,§ 7, eff. 5/14/2013.
Enacted by Chapter 355, 2011, 2011 General Session