{"data":{"id":"us-ky/krs-381.9193","jurisdiction":"us-ky","citation":"KRS 381.9193","heading":"Lien for assessments.","body":"(1) The association shall have a lien on a unit for any assessment levied against that\nunit or fines imposed against its unit owner from the time the assessment or fine\nbecomes due and, if the assessment is payable in installments, the lien shall be for\nthe full amount of the assessment at the time the first installment becomes due. The\nassociation's lien may be foreclosed in like manner as a mortgage on real estate.\nUnless the declaration otherwise provides, fees, charges, late charges, reasonable\ncollection c osts, attorney fees, fines, and interest charged pursuant to KRS\n381.9167(1)(j) to (l), shall be secured by the lien and enforceable as assessments\nunder this section.\n(2) A lien under this section shall take priority over all other liens and encumbrances on\na unit, except:\n(a) Liens and encumbrances recorded before the recordation of the declaration;\n(b) A mortgage on the unit recorded before the date on which the assessment\nsought to be enforced became delinquent; and\n(c) Liens for real estate taxes and o ther governmental assessments or charges\nagainst the unit.\n(3) Unless the declaration otherwise provides, if two (2) or more associations have liens\nfor assessments created at any time on the same real estate, those liens shall have\nequal priority.\n(4) Recording of the declaration constitutes record notice and perfection of the lien. No\nfurther recordation of any claim of lien for assessment under this section shall be\nrequired.\n(5) A lien for unpaid assessments shall be extinguished unless proceedings to e nforce\nthe lien are instituted within five (5) years after the full amount of the assessments\nbecomes due.\n(6) Nothing in this section shall be construed to prohibit actions or suits to recover\nsums for which subsection (1) of this section creates a lien o r to prohibit an\nassociation from taking a deed in lieu of foreclosure.\n(7) A judgment or decree in any action brought under this section shall include costs\nand reasonable attorney's fees for the prevailing party.\n(8) The association shall, upon written r equest, provide a unit owner a recordable\nstatement setting forth the amount of unpaid assessments against his or her unit.\nThe statement shall be delivered within ten (10) business days after receipt of the\nrequest and shall be binding on the association,  the executive board, and every unit\nowner.","path":["KRS Chapter 381"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=36861","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:12Z","sha256":"8ac271d2688644e015d363fadde05c5dc9f162b3000847794ae1cae5a9bff8c2","source_id":"us-ky","stale":false,"prev":"us-ky/krs-381.9191","next":"us-ky/krs-381.9195"},"notice":"GroundRules: Original legal text. Not legal advice."}