§ 18-13-107. Waiver and reestablishment of regimes
(a) All of the co-owners or the sole owner of a building or property constituted into a horizontal property regime may waive this regime and regroup or merge the records of the individual apartments, or anticipated apartments, with the principal property if the individual apartments are unencumbered or, if encumbered, if the creditors in whose […]
§ 18-13-108. Bylaws
(a) The administration of every building constituted into horizontal property shall be governed by bylaws which shall be inserted in, or appended to, and recorded with the master deed. (b) The bylaws must necessarily provide for at least the following: (1) Form of administration, indicating whether this shall be in charge of an administrator or […]
§ 18-13-109. Modification of administration
(a) The sole owner of the building or, if there is more than one (1), the co-owners representing two-thirds (2/3) of the total value of the building may, at any time, modify the system of administration, but each one of the particulars set forth in § 18-13-108 shall always be embodied in the bylaws. (b) […]
§ 18-13-110. Book of receipts and expenditures — Examination
(a) The administrator, the board of administration, or other form of administration specified in the bylaws shall keep a book with a detailed account, in chronological order, of the receipts and expenditures affecting the building and its administration and specifying the maintenance and repair expenses of the common elements and any other expenses incurred. (b) […]
§ 18-13-111. Status of individual units
Once the property is submitted to the horizontal property regime, an apartment in the building may be individually conveyed and encumbered and may be the subject of ownership, possession, or sale and of all types of juridic acts intervivos or causa mortis as if it were sole and entirely independent of the other apartments in […]
§ 18-13-112. Ownership and valuation of separate units and common elements
(a) (1) An apartment owner shall have the exclusive ownership of his or her apartment and shall have a common right to a share, with the other co-owners, in the common elements of the property. (2) (A) This share is equivalent to the percentage representing the value of the individual apartment with relation to the […]
§ 18-13-113. Types of joint ownership
Any apartment may be held and owned by more than one (1) person as joint tenants, as tenants in common, as tenants by the entirety, or in any other real estate tenancy relationship recognized under the laws of this state.
§ 18-13-114. Common elements
(a) The common elements, both general and limited, shall remain undivided and shall not be the object of an action for partition or division of the co-ownership. Any covenant to the contrary shall be void. (b) Each co-owner may use the elements held in common in accordance with the purpose for which they are intended, […]
§ 18-13-101. Title
This chapter shall be known as the “Horizontal Property Act”.
§ 18-13-102. Definitions
As used in this chapter: (1) “Apartment” means a part of the property intended for residential, commercial, industrial, or any other type of independent use consisting of one (1) or more rooms or spaces occupying all or part of one (1) or more floors in a building or buildings of one (1) or more floors […]