An Act To Amend the Maine Condominium Act by Extending the Lien Period for Nonpayment of Assessments
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 33 MRSA §1603-116, sub-§(e), as amended by PL 2011, c. 368, §6, is further amended to read:
(e) A lien for unpaid assessments is extinguished unless proceedings to enforce the lien are instituted within 5 6 years after the full amount of the assessments becomes due.
summary
This bill extends the lien period for nonpayment of assessments under the Maine Condominium Act from 5 years to 6 years.