Arkansas HOA Assessments & Liens

No general statute gives Arkansas HOAs an automatic assessment lien or a statutory foreclosure path; that authority must be written into the recorded declaration and is enforced as a contract. For condominiums, Ark. Code § 18-13-116 makes co-owners liable pro rata for common expenses and provides only that at a sale 'all unpaid assessments against a co-owner...shall first be paid out of the sales price,' ranking behind taxes and 'payments due under mortgage instruments.' Because Arkansas is not a 'super-lien' state, a first-mortgage foreclosure generally wipes out the association's assessment claim. The buyer 'shall be jointly and severally liable with the seller' for amounts owed up to conveyance.

No specific statutory penalty. A delinquent owner faces only the remedies the recorded declaration allows — late fees, interest, collection costs, attorney fees, and judicial foreclosure of a contractual lien if the CC&Rs create one. There is no statutory cap or statutory foreclosure trigger.