The debts of the members with the cooperative shall constitute a lien over their housing unit. Any voluntary or involuntary acquirer of a housing unit shall be jointly responsible for such a debt without prejudice to his/her right to collect from the grantor those sums he/she has paid as joint debts which the acquirer may register in the Property Registry.
The cooperative shall impose a lien upon the housing unit of the member-owner for any debt and may resort to the mechanism of seizure provided by the Rules of Civil Procedure and the Mortgage Law.
History —Sept. 1, 2004, No. 239, § 35A.36.