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Cities, Counties, and Local Taxing Units | |
Assessment Area Act | |
Section 501 | Assessment constitutes a lien -- Characteristics of an assessment lien. |
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11-42-501. Assessment constitutes a lien -- Characteristics of an assessment lien. (1) Each assessment levied under this chapter, including any installment of an assessment, interest, and any penalties and costs of collection, constitutes a lien against the property assessed as of the effective date of the assessment resolution or ordinance. (2) A lien under this section: (a) is superior to the lien of a trust deed, mortgage, mechanic's or materialman's lien, or other encumbrances; (b) is equal to and on a parity with a lien for general property taxes; (c) applies without interruption, change in priority, or alteration in any manner to any reduced payment obligations; and (d) continues until the assessments, reduced payment obligations, and any interest, penalties, and costs are paid, despite a sale of the property for or on account of a delinquent general property tax, special tax, or other assessment or the issuance of a tax deed, an assignment of interest by the county, or a sheriff's certificate of sale or deed.
Enacted by Chapter 329, 2007 General Session |
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