HP0663
LD 961
First Regular Session - 124th Maine Legislature
C "B", Filing Number H-419
Text: MS-Word, RTF or PDF
LR 1561
Item 3
Bill Tracking Chamber Status

Amend the bill in section 1 in subsection (19-A) in the 3rd, 4th and 5th lines (page 1, lines 5 to 7 in L.D.) by striking out the following: " 1603-116, the expenses of heat and utilities paid by the association in order to preserve the unit during the 6-month period" and inserting the following: ' 1603-116'

Amend the bill in section 1 in subsection (19-A) in the 5th line (page 1, line 7 in L.D.) by striking out the following: " fees" and inserting the following: ' fees, not exceeding $1,500,'

Amend the bill in section 2 in subsection (i) in the 2nd line (page 1, line 12 in L.D.) by inserting after the following: " mortgage" the following: ' created on or after October 1, 2009'

Amend the bill in section 2 in subsection (i) in the 6th line (page 1, line 16 in L.D.) by striking out the following: " and heat and utility components of the priority amounts"

summary

This amendment is the minority report.

This amendment deletes heat and utilities from the priority amounts to which a condominium association is entitled and limits attorney's fees to $1,500.

This amendment gives the condominium association's lien priority over a first mortgage only if the mortgage is created on or after October 1, 2009. This amendment does not affect the priority of existing mortgages.


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