Finance
Nebraska's homeowners' association (HOA) dues, if unpaid, can create what type of lien on the property?
AA senior lien with priority over the mortgage
BA subordinate assessment lien on the property, enforceable under the HOA's CC&Rs✓ Correct
CNo lien — only a civil lawsuit is available to HOAs
DA mechanic's lien for maintenance not performed
Explanation
Unpaid HOA assessments can result in an assessment lien on the property under the HOA's CC&Rs and Nebraska law. This lien is typically subordinate to the first mortgage but can complicate the sale or refinancing of the property.
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