SR 18 — SEIZURES/SALES: Requests the Louisiana State Law Institute to study the feasibility of allowing an exception to the homestead exemption from seizure for certain unpaid or accelerated costs subject to the Louisiana Condominium Act.

SLS 26RS-286 ORIGINAL Regular Session ENROLLED SENATE RESOLUTION NO.

18 BY SENATOR FOIL SEIZURES/SALES.A RESOLUTION To urge and request the Louisiana State Law Institute to studythe feasibilityof allowing an exceptiontothehomesteadexemptionfromseizureforcertainunpaidoraccelerated costs subject to the Louisiana Condominium Act.

Requests the Louisiana State Law Institute to study the feasibility of allowing an exception to the homestead exemption from seizure for certain unpaid or accelerated costs subject to the Louisiana Condominium Act.

A RESOLUTION To urge and request the Louisiana State Law Institute to studythe feasibilityof allowing an exceptiontothehomesteadexemptionfromseizureforcertainunpaidoraccelerated costs subject to the Louisiana Condominium Act.

and WHEREAS,Louisianalawprotectstherightofcondominiumassociationstocollect unpaid assessments and fees from condominium owners and creates a privilege for the condominium association on a condominium parcel for all unpaid or accelerated sums assessed bythe association, anyfines or late fees in excess of two hundred fiftydollars, and Pageinterest 1at ofthe 2rate SLSprovided 26RS-286in ORIGINALthe SRcondominium NO.declaration or, in the absence, at the legal interest rate;

18 interest at the rate provided in the condominium declaration or, in the absence, at the legal interest rate;

and WHEREAS,Page the1 privilege ranks superior to all other liens and encumbrances on a condominium unit except privileges, mortgages, and encumbrances recorded before the recordationofthedeclaration,privileges,mortgages,andencumbrancesontheunitrecorded before the recordation of the2 privilege;SR NO.

18 ENROLLED WHEREAS, the privilege ranks superior to all other liens and encumbrances on a condominium unit except privileges, mortgages, and encumbrances recorded before the recordationofthedeclaration,privileges,mortgages,andencumbrancesontheunitrecorded before the recordation of the privilege;

TheBE originalIT instrumentFURTHER andRESOLVED that the followingLouisiana digest,State whichLaw constitutesInstitute noreport partits offindings and recommendations to the legislativelegislature instrument,on wereor preparedbefore bySenateMarch Legislative1, Services.2027.

TheBE keyword,IT summary,FURTHER andRESOLVED digestthat doa notcopy constitute part of thethis lawResolution orbe prooftransmitted orto indiciathe director of legislativethe intent.Louisiana State Law Institute.

[R.S.PRESIDENT OF THE SENATE Page 2 of 2

1:13(B) and 24:177(E)] DIGEST SR 18 Original 2026 Regular Session Foil Requests the La.

State Law Institute to study and recommend legislation relative to the feasibility of allowing an exception to the homestead exemption from seizure for certain unpaid or accelerated costs subject to the Louisiana Condominium Act.

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