33 §1602-121. Merger or consolidation of condominiums
§1602-121. Merger or consolidation of condominiums (a) Any 2 or more condominiums may, by agreement of the unit owners as provided in subsection (b), be merged or consolidated into a single condominium. In the event of a merger or consolidation, unless the agreement otherwise provides, the resultant condominium shall be, for all purposes, the legal […]
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, […]
33 §1603-103. Executive board members and officers; declarant control
§1603-103. Executive board members and officers; declarant control (a) Except as provided in the declaration, the bylaws, in subsection (b), or other provisions of this Act, the executive board may act in all instances on behalf of the association. The declarant is a fiduciary for the unit owners with respect to actions taken or omitted […]
33 §1602-109. Plats and plans
§1602-109. Plats and plans (a) Plats and plans are a part of the declaration. Separate plats and plans are not required by this Act if all the information required by this section is contained in either a plat or plan. Each plat and plan must be clear and legible, bear the seal and signature of […]
33 §1602-110. Exercise of development rights
§1602-110. Exercise of development rights (a) To exercise any development right reserved under section 1602‑105, subsection (a), paragraph (8), the declarant shall prepare, execute and record an amendment to the declaration, section 1602‑117, and comply with section 1602‑109. The declarant is the unit owner of any units thereby created. The amendment to the declaration must […]
33 §1602-111. Alterations of units
§1602-111. Alterations of units Subject to the provisions of the declaration and other provisions of law, a unit owner: [PL 1981, c. 699 (NEW).] (1) May make any improvements or alterations to his unit that do not impair the structural integrity or mechanical systems or lessen the support of any portion of the condominium; […]
33 §1601-113. Obligation of good faith
§1601-113. Obligation of good faith Every contract or duty governed by this Act imposes an obligation of good faith in its performance or enforcement. [PL 1981, c. 699 (NEW).] SECTION HISTORY PL 1981, c. 699 (NEW).
33 §1602-112. Relocation of boundaries between adjoining units
§1602-112. Relocation of boundaries between adjoining units (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 […]
33 §1601-114. Remedies to be liberally administered
§1601-114. Remedies to be liberally administered (a) The remedies provided by this Act shall be liberally administered to the end that the aggrieved party is put in as good a position as if the other party had fully performed. Consequential, special or punitive damages may not be awarded except as specifically provided in this Act […]