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Condominiums

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§33-1228 Termination of condominium

Title 33 – Property Chapter 9 – Condominiums Article 2 – Creation, Alteration and Termination of Condominiums 33-1228. Termination of condominium A. Except as provided in subsection B of this section, a condominium may be terminated only by agreement of unit owners of units to which at least eighty percent of the votes in the […]

§33-1229 Rights of secured lenders

Title 33 – Property Chapter 9 – Condominiums Article 2 – Creation, Alteration and Termination of Condominiums 33-1229. Rights of secured lenders The declaration may require that all or a specified number or percentage of the mortgagees, beneficiaries of deeds of trust or sellers under contracts, as defined in section 33-741, for conveyance of real […]

§33-1230 Merger or consolidation of condominiums

Title 33 – Property Chapter 9 – Condominiums Article 2 – Creation, Alteration and Termination of Condominiums 33-1230. Merger or consolidation of condominiums A. Any two or more condominiums, by agreement of the unit owners as provided in subsection B, may be merged or consolidated into a single condominium. In the event of a merger […]

§33-1241 Organization of unit owners’ association

Title 33 – Property Chapter 9 – Condominiums Article 3 – Management of the Condominium 33-1241. Organization of unit owners’ association A unit owners’ association shall be organized no later than the date the first unit in the condominium is conveyed. The membership of the association at all times shall consist exclusively of all the […]

§33-1242 Powers of unit owners’ association; notice to unit owner of violation

Title 33 – Property Chapter 9 – Condominiums Article 3 – Management of the Condominium 33-1242. Powers of unit owners’ association; notice to unit owner of violation A. Subject to the provisions of the declaration, the association may: 1. Adopt and amend bylaws and rules. 2. Adopt and amend budgets for revenues, expenditures and reserves […]

§33-1244 Transfer of special declarant rights

Title 33 – Property Chapter 9 – Condominiums Article 3 – Management of the Condominium 33-1244. Transfer of special declarant rights A. A special declarant right created or reserved under this chapter shall not be transferred except by an instrument evidencing the transfer recorded in every county in which any portion of the condominium is […]

§33-1245 Termination of contracts and leases of declarant; applicability

Title 33 – Property Chapter 9 – Condominiums Article 3 – Management of the Condominium 33-1245. Termination of contracts and leases of declarant; applicability A. A contract for any of the following, if entered into before the board of directors elected by the unit owners pursuant to section 33-1243, subsection G takes office, shall contain […]

§33-1246 Bylaws

Title 33 – Property Chapter 9 – Condominiums Article 3 – Management of the Condominium 33-1246. Bylaws A. At the time the unit owners’ association is organized, the association shall adopt bylaws which provide for each of the following: 1. The number of members of the board of directors and the titles of the officers […]

§33-1247 Upkeep of the condominium

Title 33 – Property Chapter 9 – Condominiums Article 3 – Management of the Condominium 33-1247. Upkeep of the condominium A. Except to the extent provided by the declaration, subsection C of this section or section 33-1253, subsection B, the association is responsible for maintenance, repair and replacement of the common elements and each unit […]

§33-1248 Open meetings; exceptions

Title 33 – Property Chapter 9 – Condominiums Article 3 – Management of the Condominium 33-1248. Open meetings; exceptions; notice; agenda; policy statement A. Notwithstanding any provision in the declaration, bylaws or other documents to the contrary, all meetings of the unit owners’ association and the board of directors, and any regularly scheduled committee meetings, […]

§33-1249 Quorums; applicability

Title 33 – Property Chapter 9 – Condominiums Article 3 – Management of the Condominium 33-1249. Quorums; applicability A. Unless the bylaws provide otherwise, a quorum is present throughout any meeting of the association if persons entitled to cast at least twenty-five per cent of the votes in the association are present in person or […]