Lien Priority – Where Does Your HOA Stand? (AZ)

Pursuant to A.R.S. Section 33-1256(B) / 33-1807(B), an HOA lien for assessments, late fees related to assessments and collection fees/attorney fees/costs incurred with respect to assessments has lien priority ahead of all other liens, interests and encumbrances on a lot/unit except: (1) liens and encumbrances recorded before the recordation of the declaration; (2) a recorded first mortgage/first deed of trust on the lot/unit; and (3) liens for real estate taxes and other governmental assessments or charges against the lot/unit.     Read the article………………………………

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