§ 33-1255 – Assessments for common expenses; applicability
33-1255. Assessments for common expenses; applicability A. Until the association makes a common expense assessment, the declarant shall pay all common expenses. After any assessment has been made by the association, assessments shall be made at least annually, based on a budget adopted at least annually by the association. B. Except for assessments under subsections […]
§ 33-1256 – Lien for assessments; priority; mechanics’ and materialmen’s liens; notice; applicability
33-1256. Lien for assessments; priority; mechanics’ and materialmen’s liens; notice; applicability A. The association has a lien on a unit for any assessment levied against that unit from the time the assessment becomes due. The association’s lien for assessments, for charges for late payment of those assessments, for reasonable collection fees and for reasonable attorney […]
§ 33-1257 – Other liens affecting the condominium
33-1257. Other liens affecting the condominium A. Except as provided in subsection B of this section, a legally recorded judgment for money against the association is not a lien on the common elements but is a lien in favor of the judgment lienholder against all of the units in the condominium at the time the […]
§ 33-1258 – Association financial and other records; applicability
33-1258. Association financial and other records; applicability A. Except as provided in subsection B of this section, all financial and other records of the association shall be made reasonably available for examination by any member or any person designated by the member in writing as the member’s representative. The association shall not charge a member […]
§ 33-1244 – Transfer of special declarant rights
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 located. The instrument is not effective unless executed by the transferee. B. On transfer of […]
§ 33-1245 – Termination of contracts and leases of declarant; applicability
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 a provision in the contract that the contract may be terminated without penalty by the […]
§ 33-1246 – Bylaws
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 of the association. 2. Election by the board of directors of a president, treasurer, secretary […]
§ 33-1247 – Upkeep 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 owner is responsible for maintenance, repair and replacement of the unit. On reasonable notice, each […]
§ 33-1248 – Open meetings; exceptions
33-1248. Open meetings; exceptions 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, are open to all members of the association or any person designated by a member in writing as the […]
§ 33-1249 – Quorums; applicability
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 by proxy at the beginning of the meeting. B. Unless the bylaws specify a larger […]