|Chapter: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |||Assessments and Assessment Collection|
|Article: 1 | 2 | 3 |||Assessment Collection|
|Section: 6820 | 6822 | 6824 | 6826 | 6828 ||
Section 6824 - Liens for Monetary Penalties
(a) A monetary charge imposed by the association as a means of reimbursing the association for costs incurred by the association in the repair of damage to common areas and facilities caused by a member or the member’s guest or tenant may become a lien against the member’s separate interest enforceable by the sale of the interest under Sections 2924, 2924b, and 2924c, provided the authority to impose a lien is set forth in the governing documents.
(b) A monetary penalty imposed by the association as a disciplinary measure for failure of a member to comply with the governing documents, except for the late payments, may not be characterized nor treated in the governing documents as an assessment that may become a lien against the member’s separate interest enforceable by the sale of the interest under Sections 2924, 2924b, and 2924c.
Prior Law: Old CID Sections 1367.1(d)(3rd) & (e)
Similar to: CID Section 5725