Property Ownership
When a NC condominium association files a lien for unpaid assessments, the association may foreclose the lien under:
ARESPA procedures
BThe NC Condominium Act, which allows the association to foreclose assessment liens✓ Correct
COnly a breach of contract suit
DThe NC Summary Ejectment Act
Explanation
Under the NC Condominium Act (Chapter 47C), a condo association may place a lien for unpaid assessments on a unit and may foreclose that lien if assessments remain unpaid.
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