Certified Manager Of Community Associations (CMCA) Exam

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A homeowner is 90 days delinquent on their regular assessments. The association's collection policy authorizes the filing of a lien at this stage. What is the primary legal effect of the association filing a lien on the homeowner's property?

It forces the immediate foreclosure and sale of the property. It secures the association's debt against the property's title, making it difficult to sell or refinance without first satisfying the debt. It automatically garnishes the homeowner's wages to pay for the past-due assessments. It allows the association to immediately shut off utility services to the unit.

Correct Answer:

It secures the association's debt against the property's title, making it difficult to sell or refinance without first satisfying the debt.

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