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Bill Title: Condominium and homeowners association liens. Amends the statutes concerning condominium liens and homeowners association liens to provide that if the mortgagee of a first mortgage, or if any other purchaser, obtains title to: (1) a condominium unit; or (2) real estate in a subdivision; as applicable, as a result of foreclosure of the first mortgage, the acquirer of title is not liable for the share of the common expenses or assessments that are chargeable to the unit or real estate and that became due before the date the judgment of foreclosure is issued by the court, if the judgment of

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2016-01-12 - First reading: referred to Committee on Judiciary [HB1358 Detail]

Download: Indiana-2016-HB1358-Introduced.pdf

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