70-23-603. Lien allowable against unit not against the property.
91 words·~1 min read·
/mt/title-70/chapter-23/part-6/70-23-603·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
70-23-603 . Lien allowable against unit not against the property. Subsequent to recording a declaration and while the property remains subject to this chapter, no lien shall arise or be effective against the property. During such period liens or encumbrances shall arise or be created only against each unit and the undivided interest in the common elements appertaining thereto, in the same manner and under the same conditions as liens or encumbrances may arise or be created upon or against any other separate parcel of real property subject to individual ownership.