Finance
A Massachusetts condominium association assessment that goes unpaid becomes a lien that:
ACan never be foreclosed
BHas super-priority over the first mortgage for 6 months of assessments under Massachusetts law✓ Correct
CMust be paid only upon sale of the unit
DExpires after 3 years if not collected
Explanation
Massachusetts Chapter 183A §6(c) gives condominium associations a super-priority lien over the first mortgage for up to 6 months of common area charges. This can allow the association to foreclose ahead of the first mortgage for that limited amount.
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