Assessment lien definition
Examples of Assessment lien in a sentence
The Capital Provider will provide the Program Administrator, or in the event there is no Program Administrator, the County, the requisite fees and an original or certified copy of this Contract as well as a release of C-PACE Assessment lien, as applicable, for recordation with the County Recorder.
Upon the Maturity Date or receipt by the Capital Provider of the full Financing Amount, and upon written confirmation from the Capital Provider that the C-PACE Assessment has been repaid in full, the County will release the C-PACE Assessment by recording a release of C-PACE Assessment lien with the Tulsa County Clerk’s Office.
The obligation to pay the Assessment set forth in this Agreement is an obligation of the Property and no agreement or action of the Property Owner will be competent to impair in any way the Authority’s rights, including, but not limited to, the right to pursue judicial foreclosure of the Assessment lien or the right to enforce the collection of the Assessment or any installment thereof against the Property.
The sale to foreclose an Assessment lien shall be conducted in accordance with the provisions of the California Civil Code applicable to the exercise of powers of sale in Mortgages including Sections 2924, 2924b, 2924c and 2924f of the Civil Code, or in any manner permitted by law.
Sale or transfer of any Lot shall not affect the lien of an Assessment lien against it.