2025 Session
Last amended: 2010 session
§ 515B.1-115 — Notice
Plain-Language Summary
This law does not affect valid liens or encumbrances that existed before the common interest community was created, unless the lien holder agreed otherwise.
515B.1-115 NOTICE.
Except as otherwise stated in this chapter all notices required by this chapter shall be in writing and shall be effective (i) upon hand delivery, (ii) upon mailing if properly addressed with postage prepaid and deposited in the United States mail, or (iii) when given in compliance with section 515B.3-110(c), with respect to matters covered by that section.
History:
1993 c 222 art 1 s 15; 2010 c 267 art 1 s 6
History: History: 1993 c 222 art 1 s 15; 2010 c 267 art 1 s 6
Practical Notes
If there was a mortgage or lien on the property before your community was created, that lien still has priority unless the lien holder agreed to release it.