Louisiana condominium association held to strict compliance with lien statute.

condo bldg

Favored rights granted to condominium associations Only a few types of creditors in Louisiana are granted the right to lien a debtor’s property prior to a judicial confirmation that a debt is in fact owed. This is a valuable right and should not be taken lightly. Creditors afforded this preferred status include condominium associations, homeowners […]

Materialmen’s lien must specify materials

house plans with model of house under construction

Contractors and subcontractors are two of only a few creditors that are granted the right to obtain a secured right in property prior to a judicial confirmation of the debt. Other creditors afforded this right include condominium and homeowners associations. This is a favored position and should not be taken lightly.  Careful review should be […]