TIME FRAME

PAPERWORK

Preliminaries

Prepare Declaration of Default

Start

Prepare Pre-Lien/Demand letter

30 days after Pre-Lien Letter

Prepare and record Notice of Delinquent Assessment and Claim of Lien (NODA)

• Prior to recording the NODA, the Board of Directors of the Association must approve to lien said property by a majority vote in an open meeting.

30 days after recording the NODA

Prepare and record Notice of Default and Election to Sell (NOD). Order Trustee’s Sale Guarantee (TSG).

• Prior to recording the NOD, the Board of Directors of the Association must approve to initiate foreclosure on said property by a majority vote in an executive meeting

10 days after the recording of the NOD

10-Day Mailings

30 days after the recording of the NOD

30-Day Mailings

2 months after the recording of the NOD

Authorization to Publish
Non-Military Affidavit

3 months after the recording of the NOD

Prepare Notice of Sale
Order TSG Update

No later than
20 days prior
to sale

Publish, Post and Mail Notice of Sale

Record Notice of Sale

• Prior to recording the NOS, the delinquent assessments must be greater than $1,800.00 or 12 months in arrears.

Sale Date

Conduct Sale

Prepare and record Trustee’s Deed Upon Sale

90 Days from Trustee’s Sale

Right of Redemption Period

90 days after the Trustee’s sale per Civil Code 1367