33 §1603-107. Upkeep of the condominium
§1603-107. Upkeep of the condominium (a) Except to the extent provided by the declaration, subsection (b), or section 1603‑113, subsection (h), 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 his unit. Each unit owner shall afford to the […]
33 §1603-108. Meetings
§1603-108. Meetings A meeting of the association must be held at least once each year. Special meetings of the association may be called as provided in the Maine Nonprofit Corporation Act. The bylaws must specify which of the association’s officers, not less than 10 nor more than 60 days in advance of any meeting, shall […]
33 §1603-109. Quorums
§1603-109. Quorums (a) Unless the bylaws provide otherwise, a quorum is deemed present throughout any meeting of the association if persons entitled to cast 20% of the votes which may be cast for election of the executive board are present in person or by proxy at the beginning of the meeting. The bylaws may require […]
33 §1603-110. Voting; proxies
§1603-110. Voting; proxies (a) If only one of the multiple owners of a unit is present at a meeting of the association, he is entitled to cast all the votes allocated to that unit. If more than one of the multiple owners are present, the votes allocated to that unit may be cast only in […]
33 §1603-111. Tort and contract liability
§1603-111. Tort and contract liability Neither the association nor any unit owner except the declarant is liable for that declarant’s torts in connection with any part of the condominium which that declarant has the responsibility to maintain. Otherwise, an action alleging a wrong done by the association shall be brought against the association and not […]
33 §1603-112. Alienation of common elements
§1603-112. Alienation of common elements (a) Portions of the common elements may be conveyed or subjected to a security interest by the association if persons entitled to cast at least 80% of the votes in the association, including 80% of the votes allocated to units not owned by a declarant, or any larger percentage the […]
33 §1603-113. Insurance
§1603-113. Insurance (a) Commencing not later than the time of the first conveyance of a unit to a person other than a declarant, the association shall maintain, to the extent reasonably available: (1) Property insurance on the common elements, insuring against all risks of direct physical loss commonly insured against or, in the case […]
33 §1603-114. Surplus funds
§1603-114. 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 to the unit owners in proportion to their common expense liability or credited to them to reduce their future common expense assessments. […]
33 §1603-101. Organization of unit owners’ association
§1603-101. Organization of unit owners’ association A unit owners’ association shall be organized prior to any conveyance, except a conveyance as security for an obligation, of a unit by the declarant. The membership of the association at all times shall consist exclusively of all the unit owners, or, following termination of the condominium, of all […]
33 §1603-102. Powers of unit owners’ association
§1603-102. Powers of unit owners’ association (a) Subject to the provisions of the declaration, the association may: (1) Adopt and amend bylaws and rules and regulations; [PL 1981, c. 699 (NEW).] (2) Adopt and amend budgets for revenues, expenditures and reserves and collect assessments for common expenses from unit owners; [PL 1981, […]