N.C.G.S. §47C-3-116

North Carolina Condominium Act — Lien for Assessments

Establishes assessment lien authority for condominium associations. The lien has priority over all liens except tax liens and recorded first mortgages or deeds of trust. Both judicial and non-judicial foreclosure are permitted.

Status Active
Verified Apr 15, 2026
Source Official text
Assessment
Ref Requirement
Establishes assessment lien authority for condominium associations.
Enforcement
Ref Requirement
The lien has priority over all liens except tax liens and recorded first mortgages or deeds of trust.
Both judicial and non-judicial foreclosure are permitted.
Legal references last verified April 15, 2026. This content is educational and informational. It does not constitute legal advice. Consult a licensed attorney in your state for legal guidance specific to your situation.
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