§ 57-8a-201. Payment of a common expense or assessment.

Latest version.

(1)

An owner shall pay the owner's proportionate share of:

(a)	the common expenses; and

(b)	any other assessments levied by the association.

(2)

A payment described in Subsection (1) shall be in the amount and at the time determined by the board of directors in accordance with the terms of the:

(a)	declaration; or

(b)

bylaws.

(3)

An assessment levied against a lot is:

(a)	a debt of the owner at the time the assessment is made; and

(b)	collectible as a debt described in Subsection (3)(a).

Enacted by Chapter 153, 2004 General Session

                    
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