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antiseptic1488 [7]
3 years ago
9

What type of lien can be placed on homeowners who do not pay their home association fees? A security bail bond lien An HOA lien

A municipal utility lien A vendor's lien
Business
1 answer:
klio [65]3 years ago
5 0

Answer: HOA lien

Explanation:

Homeowners associations (HOAs) are in charge of different operational and maintenance duties associated with a neighborhood or building. Homeowners associations are financed by dues from the homeowner members.

In a situation whereby the homeowners members delay their dues or does not pay their dues, Homeowners associations can place liens on the homes of their members. A lien is a legal hold on a property.

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