Glossary
Lien
The corporation's registered charge on a unit for unpaid common expenses. It has a deadline, and a corporation that misses it loses its priority.
Jurisdiction record
What it is called where you are
Ontario
- A lien under section 85, registered within three months of default.
Florida
- A claim of lien under sections 718.116(5) and 720.3085, with a one year validity for condominiums. Specs/00 records the validity as one to confirm with counsel.
Product record
Where this shows up in Board Butler
Every term, both jurisdictions
The glossary carries the whole vocabulary a condo or HOA board runs into, with the Ontario and Florida words side by side.