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Real Estate | |
Community Association Act | |
Section 206 | Written statement of unpaid assessment. |
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57-8a-206. Written statement of unpaid assessment. (1) (a) The manager or board of directors shall issue a written statement indicating any unpaid assessment with respect to a lot covered by the request, upon: (i) the written request of any unit owner; and (ii) payment of a reasonable fee not to exceed $10. (b) The written statement described in Subsection (1)(a) is binding in favor of any person who relies in good faith on the written statement upon the: (i) remaining owners; (ii) manager; and (iii) board of directors. (2) Unless the manager or board of directors complies with a request described in Subsection (1)(a) within 10 days, any unpaid assessment that became due prior to the date the request described in Subsection (1)(a) was made is subordinate to a lien held by the person requesting the statement pursuant to Subsection (1)(a).
Enacted by Chapter 153, 2004 General Session |
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