California Codes, Civil Code - CIV, Division 4 — General Provisions, Part 5 — Common Interest Developments, Chapter 8 — Assessments and Assessment Collection, Article 2 — Assessment Payment and Delinquency, Section 5655

(a) Any payments made by the owner of a separate interest toward a debt described in subdivision (a) of Section 5650 shall first be applied to the assessments owed, and, only after the assessments owed are paid in full shall the payments be applied to the fees and costs of collection, attorney’s fees, late charges, or interest.

(b) When an owner makes a payment, the owner may request a receipt and the association shall provide it. The receipt shall indicate the date of payment and the person who received it.

(c) The association shall provide a mailing address for overnight payment of assessments. The address shall be provided in the annual policy statement.

Notes

Requires an owner's payments toward specified association debt to be applied first to assessments and only after those are paid in full to collection costs, attorney's fees, late charges, or interest. On request, the association must provide a receipt stating the payment date and recipient, and it must publish an overnight-assessment-payment mailing address in the annual policy statement.

Use as reference

Lexinter.net | California Code, Civil Code - CIV § 5655 | https://laws.lexinter.net/codes/california/civil-code/division-4/part-5/chapter-8/article-2/section-5655

Disclaimer: Codes available on Lexinter may not reflect the most current laws in your jurisdiction. We make no warranties regarding the accuracy, completeness, or adequacy of the information provided. Always verify the status of any code with your state legislature or official government sources before relying on it for legal purposes.