GroundRules
CIV § 5735
Where this section sits in the code
- Civil Code - CIV
- DIVISION 4. GENERAL PROVISIONS [3274. - 9566.]
- PART 5. Common Interest Developments [4000. - 6150.]
- CHAPTER 8. Assessments and Assessment Collection [5600. - 5740.]
- ARTICLE 3. Assessment Collection [5700. - 5740.]
(a) An association may not voluntarily assign or pledge the association’s right to collect payments or assessments, or to enforce or foreclose a lien to a third party, except when the assignment or pledge is made to a financial institution or lender chartered or licensed under federal or state law, when acting within the scope of that charter or license, as security for a loan obtained by the association.
(b) Nothing in subdivision (a) restricts the right or ability of an association to assign any unpaid obligations of a former member to a third party for purposes of collection.
Collected 2026-09-14T05:56:33Z. Source file · JSON