§ 81-314. Surplus funds.
§ 81-314. Surplus funds. Unless otherwise provided in the declaration, any surplus funds of the association remaining after payment of or provision for common expenses and any prepayment of reserves must be paid annually to the unit owners in proportion to their common expense liabilities or credited to them to reduce their future common expense […]
§ 81-225. Termination following catastrophe.
§ 81-225. Termination following catastrophe. If substantially all the units in a common interest community have been destroyed or are uninhabitable and the available methods for giving notice for a meeting of unit owners to consider termination under § 81-218 of this title will not likely result in receipt of the notice, the executive board […]
§ 81-210. Exercise of development rights.
§ 81-210. Exercise of development rights. (a) To exercise any development right reserved under § 81-205(a)(8) of this title, the declarant shall prepare, execute, and record, without joinder of any other person required except as expressly provided in the declaration, an amendment to the declaration and in a condominium or planned community comply with § […]
§ 81-211. Alterations of units.
§ 81-211. Alterations of units. Subject to the provisions of the declaration and other provisions of law, a unit owner: (a) May, upon written notice to the association specifying the improvements or alterations planned, make any improvements or alterations to that unit owner’s unit that do not impair the structural integrity or mechanical systems or […]
§ 81-212. Relocation of unit boundaries.
§ 81-212. Relocation of unit boundaries. (a) Subject to the provisions of the declaration and other provisions of law, the boundaries between adjoining units may be relocated by an amendment to the declaration upon application to the association by the owners of those units. If the owners of the adjoining units have specified a reallocation […]
§ 81-213. Subdivision of units.
§ 81-213. Subdivision of units. (a) In a condominium or cooperative if the declaration expressly so permits and approval as noted herein is obtained in writing, a unit may be subdivided into 2 or more units. Subject to the provisions of the declaration, payment of all expenses by the unit owner and other provisions of […]
§ 81-214. Variations in boundaries.
§ 81-214. Variations in boundaries. The existing physical boundaries of a unit or a common element or the physical boundaries of a unit or a common element reconstructed in substantial accordance with the description contained in the original declaration are its legal boundaries, rather than the boundaries derived from the description contained in the original […]
§ 81-215. Use for sales purposes.
§ 81-215. Use for sales purposes. A declarant may maintain sales offices, management offices, and models in units or on common elements in the common interest community only if the declaration so provides and specifies the rights of a declarant with regard to the number, size, location, and relocation thereof. In a cooperative or condominium, […]
§ 81-216. Easement rights.
§ 81-216. Easement rights. (a) Subject to the provisions of the declaration, a declarant has an easement through the common elements as may be reasonably necessary for the purpose of discharging the declarant’s obligations or exercising special declarant rights, whether arising under this chapter or reserved in the declaration. (b) Subject to §§ 81-302(a)(6) and […]
§ 81-201. Creation of common interest communities.
§ 81-201. Creation of common interest communities. (a) A common interest community may be created pursuant to this chapter only by recording a declaration executed in the same manner as a deed and, in a cooperative, by conveying the real estate subject to that declaration to the association. The declaration and bylaws must be recorded […]