11-42-501 - Assessment constitutes a lien -- Characteristics of an assessment lien.
11-42-501. Assessment constitutes a lien -- Characteristics of an assessment lien.
(1) Each assessment levied under this chapter, including any installment of anassessment, interest, and any penalties and costs of collection, constitutes a lien against theproperty assessed as of the effective date of the assessment resolution or ordinance.
(2) A lien under this section:
(a) is superior to the lien of a trust deed, mortgage, mechanic's or materialman's lien, orother encumbrances;
(b) is equal to and on a parity with a lien for general property taxes;
(c) applies without interruption, change in priority, or alteration in any manner to anyreduced payment obligations; and
(d) continues until the assessments, reduced payment obligations, and any interest,penalties, and costs are paid, despite a sale of the property for or on account of a delinquentgeneral property tax, special tax, or other assessment or the issuance of a tax deed, an assignmentof interest by the county, or a sheriff's certificate of sale or deed.
Enacted by Chapter 329, 2007 General Session